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Current signal and global info about BTC

From the BTC/USDT chart on the 15-minute timeframe that you sent, the current condition is still sideways with a weak bullish bias.

Quick analysis:

Price is currently around 80,316

Nearby support: 80,100 – 79,900

Nearby resistance: 80,450 – 80,700

MACD begins to weaken → the upward momentum is starting to fade

MA5, MA10, MA30 are close to each other → the market is still consolidating

Short-term signals:

If the candle breaks through strongly above 80,450 → chances to continue rising to 80,700–81,000

If it falls below 80,100 → risk of a retrace to 79,800

For scalping:

Safe buy area: near support 80,050–80,120

Sell/TP area: 80,450–80,650

Avoid entering in the middle of the current range because the market has not broken out yet.
BTC1.05%
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