📊 Technical analysis $BTR /USDT — 15min/1h timeframe
Current price ≈ 0.07885 USDT
-34.69% deep correction from ~0.1429 high, heavy red candles after previous pump, now stabilizing near lows with smaller candles.
Price action & Bollinger Bands:
Price near lower BB (DN ~0.0741 support, MB ~0.0784 resistance, UP ~0.0828). Bands expanded on sell-off, price hugging lower band — deeply oversold extension, short-term bounce/consolidation possible.
Volumes:
Current ~2.51B, MA(5) ~7.03B, MA(10) ~13.82B — massive spike on big red candles (heavy selling), now lower on current range. Watch for green surge.
Key indicators:
• MACD: Negative but flattening (DIF -0.008807, DEA -0.010006, MACD +0.00198), histogram positive/shrinking — bearish momentum weakening.
• RSI(6/12/24): 40.70 / 33.56 / 32.88 — oversold zone, exhaustion/bounce signal.
Heavy correction with oversold lower BB, momentum fading — short-term bounce likely before possible further drop.
🟢 Long (moderate-high risk)
Entry: 0.0775–0.0788 (current or dip to DN)
TP1: 0.080–0.082
TP2: 0.084–0.086
SL: 0.075–0.076
R/R: ~1:3+
Comment: Good if RSI bounce + volume on green. Oversold favors reversal/scalp.
🔴 Short (moderate risk)
Entry: 0.0795–0.0805 (fade at MB)
TP1: 0.0775–0.077
TP2: 0.074–0.073
SL: 0.082+
R/R: ~1:3+
Comment: Strong if rejection at MB + MACD down. Trend-aligned continuation.
⚠️ Most likely scenario now
Short-term bounce/consolidation from oversold lower BB (~0.074–0.079 zone) towards MB (~0.0784). Then possible continuation lower if no strong volume reversal. Shorts have edge in downtrend; longs only on clear bounce signals. High vol — tight risk mandatory, watch RSI/volume/MACD closely.