$BTC /USDT – Short-Term Technical Read (based on your chart)
Timeframe: 15m
Current Price: ~87,580
Market Structure
Clear short-term downtrend.
Price is still below MA(25) and MA(99) → bears remain in control.
Recent bounce is corrective, not trend-changing yet.
Moving Averages
MA(7): ~87,490 → price hovering around it, minor support.
MA(25): ~87,913 → strong intraday resistance.
MA(99): ~88,898 → major trend resistance, invalidation zone.
Support & Resistance
Immediate Support: 87,050–87,100 (recent low)
Mid Support: 87,350–87,400
Immediate Resistance: 87,900–88,000
Major Resistance: 88,700–88,900
Price Action Insight
The sharp sell-off to 87,051 followed by a quick bounce shows short covering, not strong buying.
Current candles are small and sideways → consolidation after dump.
Failure to reclaim 87,900+ keeps downside risk open.
Volume
Heavy volume on the dump → confirms real selling pressure.
Bounce volume is lighter → buyers still weak.
Scenarios
Bearish Continuation (Higher Probability):
Rejection below 87,900 → retest 87,300 → possible sweep of 87,050.
Bullish Relief (Lower Probability):
Strong hold above 87,900 → move toward 88,300–88,700.
Trading Bias
Bias: Bearish to neutral
Scalp Shorts: 87,850–88,000 zone with tight SL
Caution on Longs: Only if price reclaims and holds above MA(25) with volume
If you want, I can turn this into a Binance Feed / CreatorPad-style post or give a precise scalp setup (entry, SL, targets) like you usually post.
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