$BTC BTC/USDT Trade Setup (15-Minute Chart)
BTC
72,777.45
+7.01%
View: Short (Intraday Pullback Play)
Entry Zone: $64,250 – $64,350 USDT
Stop Loss (SL): $64,620 USDT (Above local resistance high)
Target 1 (TP1): $63,980 USDT (Re-test of 99-period Moving Average)
Target 2 (TP2): $63,750 USDT (Deeper demand zone)
Trade Logic :-
The 15-minute chart indicates diminishing buying momentum following the rejection at $64,578. Price is currently encountering strong resistance at the 25-period Moving Average ($64,258), while volume is steadily declining. Expect an intraday retracement toward the key MA 99 dynamic support around $63,980 before any potential bullish continuation.