What the chart is saying (15m)
Price at 0.0500–0.0502 → clear horizontal demand (multiple reactions).
Sell momentum is weakening → last red candles are smaller, wicks appearing.
MA(7) & MA(25) are compressed → volatility squeeze = move incoming.
Volume: spike earlier, now cooling → classic “pause before decision”.
You’re right: this is the decision zone.
Your Long Setup — Verdict ✅
EP: 0.0502–0.0504
✔️ Excellent. Front-running the bounce without chasing.
SL: 0.0496
✔️ Below structure + psychological 0.0500.
If this breaks, your “step aside” rule is 100% correct — bias invalidated.
TPs
TP1: 0.0511 → logical intraday resistance (scalp secure)
TP2: 0.0518 → previous reaction high
TP3: 0.0525 → only if volume expansion + strong green close
Risk-reward is very clean (≈1:2.5 to TP2, better to TP3).
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One pro-level tweak (optional 👇)
If you want extra confirmation:
Enter only after a 15m candle closes back above 0.0506 OR
Scale in:
50% at 0.0503
50% on reclaim of MA(7)
This reduces fake-bounce risk if BTC sneezes.
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Invalidation (important 🚨)
If:
15m close below 0.0498
OR volume increases on red candles
➡️ No hero trades. Walk away.
There will always be another setup.
Final Read
📊 Bias: Short-term bullish bounce
🎯 Trade quality: High
🧠 Execution: Patient wins here
You’re trading levels, not emotions — that’s how consistency is built 💪
If you want, next we can:
refine this for scalp vs swing
or align it with BTC dominance / BTCUSDT context
Let’s gooo 🚀📈
