$BTC
📊If we look at the 15-minute chart (BTCUSDT):🚀🚀🚀
💠Last price: 116,761 USDT
💠Just broke upward with a long candle (impulsive) and now has a slight correction.
💠The red MA (faster) is still above the blue MA (slower) → short-term trend is still bullish.
💠But there are signs of consolidation/sideways after a sharp spike → it could be gathering strength to rise again, or it could be a deeper correction.
👉 Suggestion:
💠If you haven't entered a position, it's better to wait for confirmation (for example, a clear breakout above 117,000 with high volume, or a correction to the support area around 115,600 – 116,000 and bounce).
💠If you want to trade quickly (scalping), you can try going long at the support near the blue MA (115,600 – 116,000) with a tight stop loss.
💠If the price breaks below 115,500, it could continue to drop → consider shorting.