$BTC
USDT 15m Quick Trade View
Pair: Bitcoin / USDT
Timeframe: 15m
Current Price Zone: ~67,067
On the 15m chart, price is moving in a short term sideways to weak bearish structure after a sharp drop toward the 66.6k area and a relief bounce. The market printed a lower high near 68k and since then momentum has cooled with choppy candles and rejection wicks on small pushes up.
The fast MA(7) and MA(25) are tight and slightly above price, while MA(99) is sitting close to the range. This tells us momentum is compressed and a range break is likely coming soon. Recent candles show rejection around 67.2k to 67.3k, which is acting as an intraday ceiling.
Support levels to watch are 66,900 and 66,650. If 66.6k breaks with volume, a quick flush continuation is possible. Resistance levels are 67,300 and 67,800. A clean 15m close above 67.3k with volume can push price back toward the 67.8k to 68k liquidity zone.
Volume shows a spike on the bounce from the low, but follow through buying is fading, which favors scalp trades instead of aggressive swing longs right now.
Post style summary:
BTC is ranging after a dump and bounce. 67.3k is the key intraday breakout level, 66.6k is the key breakdown level. Until one side breaks with volume, expect chop and fakeouts.