$BTC Has the short-term trend started to give opportunities? But don't rush to jump in
A simple technical analysis
After a rise on the 15-minute level, it was pushed back down.
The price has broken below the middle band and is approaching the lower band of the Bollinger Bands.
The trading volume has increased, but it leans towards selling pressure.
The MACD has clearly weakened, and the short-term sentiment is relatively cold.
My thoughts
Short-term bearish consolidation.
Don't chase highs; it's better to wait for a pullback to find a low entry.
Buy Zone (in batches)
90,200 – 90,000
Aggressive traders can take small positions, while conservative ones should wait for confirmation.
TP Targets
TP1: 90,600
TP2: 91,000
TP3: 91,500
Stop Loss
Below 89,600
Why might it move?
1️⃣ After pulling back to the lower band, short-term funds are likely to rebound
2️⃣ The intraday high has just been tested, and the market is waiting for direction selection
Do you think $BTC will break 90k first or rebound directly?
Share your thoughts in the comments below 👇
Follow me for continued updates on my trading thoughts 📈