📊 $BTC /USDT 15-Min Chart Analysis
Current Price: $107,084.63
24h High: $107,396.00
24h Low: $104,494.53
Volume: 11,212.94 BTC
Price Change (24h): +1.62%
🔍 Key Observations
1. Strong Bullish Candle
The latest green candle surged from around $106,000 to $107,396, indicating a sudden buying spike.
A long bullish body with a small upper wick suggests momentum is still in buyers' favor.
2. Support Level
Short-term support is forming around $106,495, the recent swing low.
Buyers stepped in at this level after a minor downtrend.
3. Resistance
Immediate resistance is $107,396, the candle wick high and the 24h high.
If BTC breaks this, it could target $107,600–107,800 next.
4. Volume Confirmation
Decent volume rise on the bullish move supports the strength of this breakout.
5. Moving Averages
MA(5): 185.87 and MA(10): 136.17 (volumes) suggest increasing interest.
Price is above both MA levels, confirming short-term bullish bias.
🧠 Technical Outlook
Bias: Bullish (Short-term)
Scalp/Intraday Target (if breakout holds):
Upside: $107,600 – $108,000
Downside Support: $106,495 – $106,000
⚠️ Watch For
Rejection at $107,400 may cause a minor pullback.
Break below $106,495 could lead to a retest of $106,000
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨 pro tip
I don’t think Bitcoin will not go down but if does support levels $101,500 – $103,500 and 98300
