Looking at your $BTC BTC/USDT 15m chart, hereโs my honest take ๐
๐ Market Structure
Clear short-term downtrend
Price is below MA(7), MA(25), and MA(99) โ bearish control.
Lower highs & lower lows โ trend hasnโt reversed yet.
MA(7) < MA(25) < MA(99) = classic bearish alignment.
๐ Key Levels
Support: 74,600 โ 74,400 (recent low)
Immediate resistance: 75,700 โ 76,000
Strong resistance: 76,500+
๐ Volume
Volume is not expanding on green candles โ bounce looks weak, more like a dead-cat bounce.
๐ง What this likely means
This move looks like a small relief bounce, not a confirmed reversal.
If BTC fails to break and hold above 75.8k, price may retest 74.6k again.
A clean 15m close above 76k with volume would be first bullish signal.
โ What Iโd do (spot perspective)
โ No fresh buy here (risk > reward)
โ If already holding:
You can wait cautiously
Consider partial exit near 75.8kโ76k
๐ข Safer buy zones:
Near 74.4k support
OR after confirmed breakout above 76k
โ ๏ธ Bias right now
Short-term: Bearish โ Neutral
Not bullish yet.
