Bitcoin Price Action Update (15min Chart) – Binance

Pair: BTC/USDT Perpetual Contract

BTC is currently testing a key resistance zone around $83,950, after a solid bullish recovery from the lower range. The marked red zone indicates potential supply or resistance area where sellers may step in.

Entry: Around $83,711 (current level)

Stop Loss: Above $83,963

Take Profit Target: Near $81,915

Risk-Reward Ratio: Looking solid with favorable downside potential.

Volume is picking up as price approaches resistance – a rejection here could confirm a short setup for intraday traders. Watch price action closely around this level!

Trade safe and manage risk accordingly!

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