$BTC /USDT – 1H Chart Analysis
Current Price: $62,860.1 (-1.8%)
Key Levels
· Resistance: $63,114 / $63,252 / $63,852 / $67,920
· Support: $62,183 / $61,365
Moving Averages (Bearish)
· EMA5: $63,114
· EMA10: $63,252
· EMA30: $63,852
Price is trading below all three EMAs. Bearish structure confirmed.
RSI (Weak)
· RSI(6): 41.1
· RSI(12): 42.0
· RSI(24): 40.6
All below 45, indicating weak momentum. Not oversold yet.
Volume: 14.02K BTC ($887.95M) – moderate.
Outlook
BTC remains bearish on 1H. Price is trading below all EMAs and testing $62,183 support. First resistance is at EMA5 ($63,114). RSI shows no bullish divergence or oversold signals yet. Trend continues downward until price reclaims EMAs. A break below $62,183 could push toward $61,365.
Bias: Bearish below EMAs.
