BTCUSD – M15 | Intraday Read & Trade Management- Higher-timeframe structure remains corrective after rejection from Intraday Supply 1
- Price previously dropped aggressively, then stabilized and built a base near Intraday Demand
- Current structure on M15 shows a transition from downtrend → range → early bullish recovery
- Price is trading above Keyzone 21, indicating short-term bullish control is still valid
- Recent pullbacks are shallow and holding above prior Higher Low → structure not broken
- However, price is now approaching the upper intraday range where supply previously reacted
- This is not an optimal area to add new Buy positions due to reduced R:R
- Primary plan is position management, not new entries
- As long as price holds above Keyzone 21, bullish continuation remains possible
- A clean break and close below Keyzone 21 would signal structure weakness → reassess bias
- Intraday Supply remains the key upside objective and potential reaction zone
Note:
This setup favors traders who entered earlier from structure confirmation.
Late entries near the upper range increase risk and reduce edge.
