#MarketRebound Technical Analysis BTC/USDT – 15 Minute Chart

1. Current Price

📈 Price: ~$109,483 USDT

🟢 +3.75% gain

The price is above all key moving averages, indicating a strong short-term uptrend.

2. Moving Averages (MA7, MA25, MA99)

✅ MA7 > MA25 > MA99 — a bullish alignment.

This shows that the price momentum is still positive.

No bearish crossover yet → trend is still intact.

3. MACD (12,26,9)

🔻 The MACD and signal lines are converging, possibly forming a bearish crossover.

Suggests that momentum is weakening – watch out for a possible short-term correction.

4. RSI (Relative Strength Index)

RSI(6): 29.9 → Oversold

RSI(14): 45.6 → Neutral

RSI(24): 55.0 → Slightly bullish

✅ This means there has been a sharp decline recently, but we could see a small rebound soon.

5. Stochastic RSI

The reading is near 20 and starting to rise.

This usually indicates that a possible short-term rebound is on the way.

6. Volume

Trading volume is high, indicating strong market participation.

🧠 Summary & Recommendations (15M Time Frame)

StrategySuggestionScalping

🎯 Potential short-term long entry — due to the oversold RSI/Stoch. Look for a quick rebound.

Swing Trade

⚠️ Wait — MACD is losing momentum.

Better confirmation needed for medium-term moves.

SL/TP LevelsConsider the stop-loss below 108,500.

Take-profit zone: 109,800–110,000.

DYOR ... !$BTC