Hereโs your $BTC /USDT 15-Minute Chart Update based on the screenshot:
๐ Bitcoin (BTC/USDT) โ Short-Term Analysis:
Current Price: $118,553.55 (+0.53%)
24h High/Low: $120,063.84 / $117,683.53
Support: $117,683
Resistance Zone: $119,068 โ $120,000
๐ Technical Indicators:
Parabolic SAR: Dots now below the candles โ bullish shift
MACD: Crossed bullish, histogram building upward momentum
Volume: Increasing gradually on green candles, indicating fresh buying interest
MA(5) > MA(10): Short-term bullish alignment
โ Bullish Bias for now, but watch for a break above $119,000โ120,000 for confirmation of continuation.
โ ๏ธ Caution: If price rejects near $119k, short-term pullback to $118k is possible.
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