This 15-minute BTC/USDT chart (Binance) shows Bitcoin rebounding from a demand zone near 116,000–116,750 USDT and forming higher lows along a short-term ascending trendline. Price is currently around 118,446 USDT, aiming toward a marked supply zone near 119,500 USDT, suggesting a potential short-term bullish move. A rejection at this supply zone could signal a pullback, while a breakout may indicate continued upward momentum. Key support and resistance zones are clearly defined.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.