๐ $BTC 15m Analysis
๐ป Price: $107,700.57
๐ด Change: -1.72%
๐ Indicators Summary:
๐ฝ Strong downtrend with 7, 25, and 99 MA all above price
๐ MACD: Bearish momentum increasing (MACD -129, Histogram deep red)
๐ RSI(6): 20.46 โ Oversold zone
โ ๏ธ Stoch RSI: 7.03 โ deeply oversold, possible short-term bounce
๐ Recent Low: $107,500 โ key intraday support
๐จ TRADE SIGNAL ๐จ
๐ง Strategy: Wait for confirmation bounce or breakdown
๐ ENTRY IDEA:
โ Long scalp on confirmed bounce above $107,800
๐ฏ Target: $108,200 - $108,600
๐ Stop: $107,450
๐ป OR ๐ป
๐ซ Short on breakdown below $107,500
๐ฏ Target: $107,200 - $106,800
๐ Stop: $107,850
๐ Risk/Reward: Favor short-term scalps. Oversold indicators suggest a potential bounce, but trend remains bearish.
๐ Short-term setup only โ reevaluate on each 15m close.
Trade here
๐ฃ #CryptoAlert | #BTC #Scalp #Signal #Binance ๐ง ๐ฐ๐