Analyzing the BTC/USDT chart using the SMC (Smart Money Concepts) strategy on the 15-minute timeframe:
🧠 Analysis using SMC
1. Overall Trend
The previous trend: Clearly bearish as the price dropped from the area of 108,952 to the bottom of 98,200.
Current trend: Strongly bullish, with consecutive highs broken, indicating a clear shift in market structure.
2. Market Structure
An important peak was broken at 104,758 and then another peak at 108,135 → This gives us a structure change from bearish to bullish (Break of Structure - BoS).
The price is currently approaching the area where the highest peak was (108,952), and it may witness a temporary correction or reversal from there.
3. Liquidity Areas (Liquidity Zones)
There is clear liquidity below the bottom of 98,200, which has already been pulled.
Currently, the price is moving towards the upper liquidity above the peak of 108,952 — which may push the price to break through it and then drop.
4. The Reverse Area (Supply Zone)
Between 108,500 - 109,000 there is a strong supply area, which is a suitable area to look for a sell trade after signs of weakness or reversal candles appear.
5. Entry Analysis (Entry Logic)
Currently, the price is at 107,582 and very close to a major supply area.
If the price reaches the area of 108,500 - 109,000 and forms a reversal candle or distribution pattern (like a CHoCH pattern within the area), it would be an excellent selling opportunity.
✅ Ready Recommendation
Trade Type: Sell (Short)
Suggested Entry Area: Between 108,500 - 109,000
Stop Loss (SL): Above 109,300
Target (TP):
First Target: 105,200
Second Target: 102,500
Third Target (Extended): 100,000
🛑 Important Notes:
Do not enter the trade directly, wait for a confirming pattern within the supply area such as an inside bar candle or CHoCH.
Watch the price behavior around 108,952, as it may be a level to attract liquidity.
#BinanceAlphaAlert #MarketRebound
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