Bitcoin ($BTC ) recently hit a local high of $78,374 before pulling back into a healthy consolidation zone. On the 15-minute timeframe, bulls are actively defending the MA(25) dynamic line near $77,770, signaling a strong setup for a bullish continuation. š
š Market Breakdown (15m Timeframe)
Asset: BTC/USDT
Current Price: $77,770.59
Entry Zone: $77,650 - $77,780
Target 1 (TP1): $78,350 šÆ
Target 2 (TP2): $78,500 šÆ
Stop Loss (SL): $77,200 (Below MA(99)) š
š” Technical Outlook
The short-term correction appears to be losing momentum as buy volume begins to stabilize around the $77,700 mark. As long as BTC holds above the $77,286 support zone (MA99), the market structure favors a quick retest of $78,374 and a potential extension toward $78,500+.
ā ļø Risk Warning: Always manage your risk properly and practice strict leverage management. DYOR (Do Your Own Research) before taking any trades!
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