


Technical Sentiment Analysis for ProShares UltraShort Bitcoin ETF (SBIT). As of 2026-07-02, ProShares UltraShort Bitcoin ETF (SBIT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 6 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SBIT stands at 54.51, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 4.13, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 71.17 and the Commodity Channel Index (CCI) at -3.81 further confirm a 3.92 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SBIT is trading above its 60-day moving average of $50.37 and above its 200-day long-term moving average of $45.57. Key price levels to watch include the immediate resistance at $72.11 and strong support at $56.96. A break above $72.11 could signal a bull continuation, while falling below $56.96 may test the next Fibonacci floor at $48.97.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 41.81 | 48.97 | 56.96 | 64.12 | 72.11 | 79.27 | 87.27 |
| Fibonacci | 48.97 | 54.75 | 58.33 | 64.12 | 69.91 | 73.48 | 79.27 |
2026-07-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 54.51 |
| Stochastic Oscillator | 71.17 |
| Stochastic RSI | 76.08 |
| Commodity Channel Index (CCI) | -3.81 |
| Awesome Oscillator | 11.29 |
| Momentum | 3.92 |
| MACD | 4.13 |
2026-07-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 66.39 | Sell |
| 10-Day | 64.95 | Sell |
| 20-Day | 62.92 | Sell |
| 60-Day | 50.37 | Buy |
| 200-Day | 45.57 | Buy |
| 250-Day | 42.39 | Buy |