🚨 BTC/USD Alert 🚨

Current Price: $62,136.1

Key Observations:

BTC has encountered resistance around the $62,400 level, showing a consolidation pattern below this key threshold.

The price is currently testing the middle support band (MSB) marked at $62,136.1, suggesting a potential pivot point for the next move.

The RSI stands at 53.63, indicating a neutral momentum with potential for either direction.

Trading Strategy:

Long Trade: Consider buying if the price breaks and holds above the $62,400 resistance, with targets at $62,500 and then the high at $62,641.0. Set a stop loss just below the MSB at around $62,100.

Short Trade: If BTC breaks below the current MSB at $62,136.1, target a sell-down to the next support level at $61,800, with a stop loss just above $62,200.

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