📊 BTCUSDT (15M) – Bearish Rising Wedge at Decision Point ⚡
Structure | Trend | Key Reaction Zones
BTC is trading inside a bearish rising wedge 📉, showing weakening structure below 108,734 immediate resistance 🔴. Price is consolidating near the top, forming a decision point (breakout or breakdown) ⚡ while resting above critical support 108,200–108,160 🟢.
Market Overview
Momentum remains fragile as sellers defend higher levels. A breakout above 108,734–108,940 could trigger short-term relief, while a failure to hold support risks a deeper bearish continuation. Market sentiment leans bearish unless a strong reclaim of resistance occurs.
Key Scenarios
✅ Bullish Case 🚀 → Breakout above 108,734
🎯 Target 1: 108,940
🎯 Target 2: 109,400
❌ Bearish Case 📉 → Breakdown below 108,160
🎯 Downside Target 1: 107,800
🎯 Downside Target 2: 107,480–107,350 (major demand zone)
Current Levels to Watch
🔴 Resistance: 108,734 – 108,940
🟢 Support: 108,200 – 107,480
⚠️ Disclaimer: This analysis is for educational purposes only, not financial advice.
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