#btc #trendline
📊 Technical Snapshot (15m)
✅ Key Observations:
Price: $109,169
Trendline: Still holding from $107,800 — price respecting this ascending support.
Resistance Zone: Around $109,700–109,800 (multiple rejections).
MACD: Weak crossover starting upward — potential early bullish momentum.
Volume: Stable, slightly declining.
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🎯 Trade Setup Suggestions
🟢 Aggressive Long (if support holds)
Entry: Around $109,100–109,200 (near trendline support)
Stop Loss: Below trendline at $108,850
Target 1: $109,700
Target 2: $110,300–110,500 (if breakout confirmed with volume)
> This trade assumes trendline support holds and aims to ride the next leg of breakout.
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🔴 Short (only if trendline breaks)
Entry: Below $108,800 (after a solid close under trendline)
Stop Loss: $109,150
Target 1: $108,300
Target 2: $107,800
> Use this only if price breaks and retests trendline with weakness.
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📌 My Suggestion:
Right now, it's best to prepare for a long trade if the price bounces from $109,100 area with bullish candles and MACD cross continues up.
> No breakout = no aggressive long. Wait for confirmation on the next 2–3 candles.
If it breaks trendline support, flip short with a tight SL.