โšก BTC/USDT Technical Analysis โ€“ 15-Min Chart

1. Current Price

๐Ÿ“ˆ Price: ~$109,483 USDT

๐ŸŸข +3.75% gain

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

2. Moving Averages (MA7, MA25, MA99)

โœ… MA7 > MA25 > MA99 โ€” a bullish alignment.

This shows that price momentum is still positive.

No bearish crossover yet โ†’ trend is still intact.

3. MACD (12,26,9)

๐Ÿ”ป MACD and signal lines are converging, possibly forming a bearish crossover.

Suggests momentum is weakening โ€“ watch for potential short-term pullback.

4. RSI (Relative Strength Index)

RSI(6): 29.9 โ†’ Oversold

RSI(14): 45.6 โ†’ Neutral

RSI(24): 55.0 โ†’ Slightly bullish

โœ… This means there was a sharp drop recently, but we could see a small bounce soon.

5. Stochastic RSI

Reading is near 20 and beginning to turn upward.

This typically indicates a possible short-term bounce is coming.

6. Volume

Trading volume is high, indicating strong market participation.

๐Ÿง  Summary & Recommendations (15M Timeframe)

StrategySuggestionScalping

๐ŸŽฏ Potential short-term long entry โ€” due to oversold RSI/Stoch. Look for a quick bounce.Swing Trade

โš ๏ธ Wait โ€” MACD is losing momentum.

Better confirmation needed for medium-term moves.

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

Take-profit zone: 109,800โ€“110,000.

DYOR ... !$BTC

#MarketRebound