🟔 $BTC / USDT – 15m Technical Analysis

ORCA is trading around 1.084, showing sideways-to-weak momentum after rejection from the recent high.

EMA Structure

EMA(7): 1.096

EMA(25): 1.096

EMA(99): 1.092

āž”ļø Price is below EMA 7 & 25 and slightly below EMA 99, indicating short-term bearish pressure and loss of bullish momentum.

Key Levels

Immediate Support: 1.080 – 1.075

Major Support: 1.065

Resistance: 1.095 – 1.100

Major Resistance: 1.114 – 1.120

Price Action Insight ORCA faced strong rejection near 1.114, followed by a sharp pullback. The breakdown below clustered EMAs suggests short-term distribution. Buyers are trying to stabilize near 1.08, but confirmation is still missing.

Scenarios

Relief bounce: Hold above 1.075 → move toward 1.095 – 1.100

Bearish continuation: Lose 1.075 → next drop toward 1.065

Bullish recovery only if: Price reclaims and holds above 1.100

Trade Idea (Short-Term)

Buy zone (scalp): 1.075 – 1.082

TP1: 1.095

TP2: 1.110

SL: 1.060

šŸ“Œ Bias: Neutral → Bearish short-term

Better to wait for confirmation at support. Aggressive longs only near 1.075 with strict risk control.