#BTCUnbound
📉 The Bitcoin market is currently showing a slight decline, with a price of 116,810 USD, down 705 USD (-0.60%). On this 15-minute interval chart, several technical elements draw attention:
- 🔴 *Resistance Zone* clearly identified around 117,600 USD, marked by the red line and the symbols "$$$$". This could represent a difficult ceiling to breach in the short term.
- 🟩 *Entry Zone* located around 117,000 USD, suggesting a strategic point to initiate a long position if the price bounces.
- 🟦 *FVG (Fair Value Gap)* around 116,400 USD, which could act as a support zone or potential correction.
- 📈 The zigzag blue line seems to anticipate a bullish scenario, but remains speculative.
- 💹 The pink line, likely a moving average, indicates an underlying trend to monitor.
🎯 The "SELL" and "BUY" buttons display very close prices (116,800 vs 116,801), reflecting low volatility at this specific moment.
In summary, the chart suggests consolidation between the levels of 116,400 USD and 117,600 USD. Traders might wait for a clear breakout from these zones to confirm a direction. Caution and risk management remain crucial in this context.