BTC/USDT Technical Breakdown – Short-Term Scalping Opportunity (May 3, 2025)

Bitcoin continues to trade within a tight range, showing signs of both pressure and resilience. As of May 3, 2025, the BTC/USDT pair is hovering around the $96,122 level with a 24-hour drop of 1.31%. Despite the red on the daily candle, there are early indicators of potential short-term strength — particularly for scalpers working off the 15-minute chart.

Let’s dive into the key elements shaping the current market structure.

1. Market Overview

Current Price: $96,122.64

24H High: $97,619.00

24H Low: $95,852.29

24H Volume: 10,403.78 BTC / $1B USDT

BTC remains in a narrow intraday range, trading within a $1,800 window. While the broader market appears cautious, price action has been gradually lifting off the session low, hinting at a potential base forming.

2. Moving Averages: Testing the 60-Period Line

MA60 Level: $96,08

Short-Term MAs:

MA(5): 3.45

MA(10): 5.06

Bitcoin has successfully reclaimed the 60-period moving average, which often acts as a dynamic resistance level on intraday timeframes. Holding above this line could trigger further upside — but caution remains, as the MA(5) is still below the MA(10), signaling incomplete short-term trend reversal.

3. Volume Behavior: Signs of Buyer Presence

A closer look at recent candles shows sharp volume surges around 22:58 and 23:12 UTC. These green volume spikes were accompanied by bullish candles, suggesting that buyers are stepping in to defend key levels near the 24-hour low.

This is often a sign of early accumulation or short-term scalp interest, especially when price reclaims a key moving average on such volume.

4. Timeframe Context: Why 15-Minute Matters

The analysis is based on the 15-minute chart, which is favored by scalpers and short-term traders. While not suitable for swing positions, this timeframe offers excellent clarity on intraday sentiment shifts, particularly when paired with volume and moving average dynamics.

5. Trade Setup Idea: A Tactical Long

Here’s a sample long setup based on the current structure:

Entry Zone: $96,100 – $96,150 (on pullback confirmation)

Stop Loss: Below $95,850 (beneath 24H low)

Take Profit Targets:

TP1: $96,500

P2: $97,000

Estimated Risk/Reward: 1:2.

The setup relies on price holding above the 60-MA and confirming strength with either volume continuation or an MA(5)/MA(10) crossover.

6. Final Thoughts: Patience with Precision

While Bitcoin hasn’t broken out decisively, the structure shows promise for a short-term bounce. Scalpers should watch for retests and volume behavior before entering. Momentum is improving, but confirmation is key. Risk management remains crucial — tight stops and disciplined targets can make all the difference in volatile sessions like this.

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