extraordinarybullishmomentum

Intraday Trading with RSI AND VWAP Indicator
📊 What is VWAP (Volume Weighted Average Price)?

VWAP shows the average price of an asset based on volume.
It acts like a dynamic support/resistance line.

Price above VWAP → bullish trend
Price below VWAP → bearish trend

📈 What is RSI (Relative Strength Index)?
RSI measures momentum (0–100 scale).
Below 30 = Oversold (possible buy)
Above 70 = Overbought (possible sell)

✅ LONG (Buy) Setup
Enter a trade when:
Price crosses above VWAP (trend turning bullish)
RSI moves up from below 30 (oversold → strength)
👉 This means buyers are gaining control.

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$BTC
Latest Market Update (Today) 🚨
📉 Bitcoin is trading around the $62K–$63K zone, showing weak short-term momentum after recent selling pressure. Investors remain cautious as risk assets face volatility. �
The Economic Times +1
⚠️ Key support is near $62,500. If BTC loses this level, the next major support could be around $60,000. �
BuyUcoin
🚀 For bulls, a breakout and daily close above $65,800 could signal a stronger recovery and potentially start the next upward move. �
BuyUcoin
🔥 Market sentiment is currently neutral to bearish in the short term, but many long-term holders continue accumulating BTC despite the correction. �
The Economic Times +1.

#BTC #Bitcoin❗ #TradingCommunity #solana #ExtraordinaryBullishMomentum