Here's your new trading article for BTC/USDT, based on the current 15-min chart:$BTC #BTCRebound
BTC/USDT – Consolidation After Highs, New Move Ahead?
Current Price: $96,585.13
24h Change: +1.98%
Timeframe: 15-Min Chart
Key Technical Insights:
Trend Structure: Price recently peaked at $97,424, now consolidating just under $96,600.
EMA Setup:
EMA(7): $96,575.92
EMA(25): $96,602.90
EMA(99): $95,842.06
Price is near short-term EMAs, indicating a decision point. A strong candle above $96,700 can trigger a continuation.
Volume: Dropping slightly, showing indecision—wait for a volume spike to confirm direction.
RSI (6): 48.62 – Neutral zone, slightly leaning toward oversold.
Stoch RSI: Starting to curve upward from low levels—possible bullish reversal forming.
MACD: Bearish histogram weakening, signal lines could cross soon—early bullish sign.
Trade Idea:
Strategy: Wait for a breakout candle above $96,700 with strong volume for a long entry.
Entry: $96,750+ (after confirmation)
Target 1: $97,200
Target 2: $97,400 (previous high)
Stop Loss: Below $96,300 (recent support)
Outlook: BTC/USDT is currently in a pullback phase after strong rally. Indicators suggest a potential bounce, but confirmation is needed. Stay alert for volume surge.
