📊 BTC/USD Price Action Update – May 16, 2025
🔹Current Price: 104,109.06
🔹Timeframe: 15M
📌 Key Demand Zone:
🟢 103,471–103,676 – Intraday bullish OB (Order Block); price respected this zone and showed strong bounce reaction.
🎯 Target Levels:
TP 1: 104,233 – Short-term resistance; possible profit-taking area
TP 2: 104,829 – Clean upside imbalance; next liquidity grab zone
⚡️Bullish Bias:
Price bouncing off demand zone with momentum
Holding above 103,850 structure shows buyer strength
🔍 FXFOREVER Insight:
✅ Look for candle closure above 104,200 for TP1
✅ Monitor lower timeframe CHoCH or BOS for re-entries
✅ Stop-loss should stay protected below 103,470 zone
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