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Bitcoin Intraday: the downside prevails as long as 77460 is resistance
May 26, 2026 2:04 AM
the downside prevails as long as 77460 is resistance.
Our pivot point stands at 77460.
Our preference:
the downside prevails as long as 77460 is resistance.
Alternative scenario:
above 77460, look for 78410 and 78980.
Comment:
the RSI is trading below 30. This could mean that either the price is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 77213 and 77261).
Supports and resistances:
78980 **
78410 *
77460 **
76584 last
75430
74870 **
74300 *
Our preference:
the downside prevails as long as 77460 is resistance.
Alternative scenario:
above 77460, look for 78410 and 78980.
Comment:
the RSI is trading below 30. This could mean that either the price is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 77213 and 77261).
Supports and resistances:
78980 **
78410 *
77460 **
76584 last
75430
74870 **
74300 *
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