11.01 BTC short-term trading idea
Current price: 78002.1
Short-term trend: On the 15-minute chart, price is consolidating at elevated levels after rebounding from a low. It found support and rebounded after touching 77049.5, then encountered resistance after reaching a high of 78207.0. In the short term, price is finding support near the Bollinger Band middle line (77962.0), with 77835.4 and 77387.1 providing strong short-term support below. The base continues to move higher, and bullish momentum is building. Overall, the market is range-bound with a bullish bias.
Long on dips: Enter with a small position on a pullback to around 77500 - 78000
First target: 78200 - 78600
Second target: 78800 - 79200
$BTC $ETH
Current price: 78002.1
Short-term trend: On the 15-minute chart, price is consolidating at elevated levels after rebounding from a low. It found support and rebounded after touching 77049.5, then encountered resistance after reaching a high of 78207.0. In the short term, price is finding support near the Bollinger Band middle line (77962.0), with 77835.4 and 77387.1 providing strong short-term support below. The base continues to move higher, and bullish momentum is building. Overall, the market is range-bound with a bullish bias.
Long on dips: Enter with a small position on a pullback to around 77500 - 78000
First target: 78200 - 78600
Second target: 78800 - 79200
$BTC $ETH
