$BTC /USDT 15-Min Chart Analysis & Best Trade Setup
🧭 Market Context & Technical Overview
Current Price: ~$102,500, sliding from the recent high of ~$103,942.
Short-term momentum: Technicals on 15-minute suggest a bearish tilt — investing.com labels BTC a strong sell by moving averages and “sell” on technical indicators .
Chart structure: Clear breakdown below the recent symmetrical triangle’s lower boundary (~$102.7k), signaling continuation to downside .
Key levels:
Resistance/pivot: ~$103,200–103,700 (former support turned resistance)
Support targets: $101,200, then $100k psychological zone .
🎯 High-Probability Trade Setup: Bearish Continuation (Short)
Entry: Look to short on a pullback into $103,200–103,500 — ideally on a bearish candle rejection (e.g., pin-bar, long wick, or drop in bid volume).
Stop-Loss: Just above resistance at ~$103,700 (above recent swing high).
Take-Profit:
TP1: $101,200 (near daily low)
TP2: $100,000 (strong psychological and structural support)
Reward-to-Risk: Targeting approx. 2:1 R:R if entry and stop are managed tightly.
Rationale: Breakdown from bearish structure suggests continuation. 15-min and hourly timeframes support sellers — “strong sell” Tech summary and channel breakdown confirm the momentum .#MarketPullback $BTC