$BTC

Based on your BTC/USDT chart (15-minute Renko with ATR(14), 367.29), here’s a short-term technical analysis:

Current Price:

$107,007.22

Change: -1.92%

Indicators:

Renko Chart:

Recent red bricks suggest bearish momentum.

The price has broken below the short-term Moving Average.

Lower highs and lower lows are forming — classic downtrend.

MACD:

Bearish crossover visible.

Histogram in red territory with increasing depth — suggests continued downward pressure.

SuperTrend:

Likely turned bearish (although the full indicator line is not visible, the price is below the trend line).

Order Book Sentiment:

66.43% sellers, 33.57% buyers — shows a bearish bias from market participants.

Recommendation:

Short-Term: SELL

Trade Setup:

Sell Entry: Around $107,000 – $107,100

Target (Take Profit):

Conservative: $106,200

Aggressive: $105,500 (recent support zone)

Stop Loss:

Conservative: $107,950 (just above the recent swing high / moving average)

Tight Stop Loss: $107,500

Caution:

This is a short-term intraday setup based on 15-min Renko + MACD + sentiment. For longer-term positions, daily or 4H analysis is recommended.

Watch for a reversal signal (green Renko bricks, bullish MACD cross, or significant support holding).

Let me know if you'd like an analysis on a higher time frame (1H or 4H) for a broader trend perspective.