Odessa Villacis Iqxm's Profile

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Bearish

**BTCUSDT Perp Analysis (15m Chart) - Potential for a Major Correction?**

📅 **Date & Time**: May 21, 2025, 10:31 AM CET
📈 **Current Price**: $106,335.0 (+1.01%)

Based on the 15-minute chart for BTCUSDT Perp on Binance:

- **Price Movement**: The price has recently dropped from a high of $107,500.0 to $106,335.0, signaling the start of a short-term correction after a failed attempt to sustain the upward momentum.
- **Moving Averages (MA)**: The price is below MA(25) at $107,017.0, which now acts as resistance, while MA(7) at $106,414.1 is close to the current price, and MA(99) at $106,100.2 provides support below. This breakdown below MA(25) suggests weakening bullish momentum.
- **Volume**: Trading volume stands at 1.672M, with a noticeable increase in red bars (selling pressure), indicating stronger bearish activity recently.
- **Technical Indicators**: The EMA (yellow) and MA (purple) lines are diverging downward, and the MACD histogram shows increasing red bars, confirming short-term bearish momentum.

**Support & Resistance**:
- **Support**: Immediate support at $106,146.9, with a stronger level at $105,666.5.
- **Resistance**: $107,017.0 (MA(25)) and $107,561.4 are key levels to watch if bullish momentum returns.

**Analysis**: The chart suggests a high likelihood of a larger correction. The recent failure to hold above $107,500.0, combined with increased selling volume and bearish signals from the MACD, points to a potential deeper pullback. If the price breaks below $106,146.9, we could see a move toward $105,666.5 or lower in the near term.

Traders should monitor these levels closely and watch for any reversal signals or news that could shift market sentiment. Stay cautious! 🚨

#BTCUSDT #BTC110KToday? #Tra #Binance
$BTC

BTC

Odessa Villacis Iqxm

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See original

Is there anyone buying $BNB at a price of 670
and the strange thing is that it has maintained this price for less than an hour before it bounced back

Adelneh

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After a month of trading, I find myself having earned only 10 dollars, most of it from bonuses. All the currencies are losing, no analysis helped, and buying from the bottom didn't help.
$BNB
$XRP
#BinancePizzaVN

BNB

Odessa Villacis Iqxm

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See original

A message from Binance announces the conversion of removed assets (IRIS) to USDC based on your holdings. The conversion will take place on 2025-05-28 from 03:00 to 03:00 UTC. You can withdraw IRIS before the date; after that, withdrawals will no longer be available.

hamdy saied

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Dear colleagues, what does this message mean... This is a notification from Binance but I don't understand it.

USDC