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Technical analysis by Sober_Trading about Symbol BTC: Buy recommendation (1/26/2025)

https://sahmeto.com/message/3203923
Sober_Trading
Sober_Trading
Rank: 11103
1.6
Buy،Technical،Sober_Trading

BTCUSDT has been consolidating in a trading range for the past two days. As seen on the heat map, the price hunted liquidity below the range, making a strong case for a reversal. Now, BTC could target the liquidity above the trading range, which is spread across two key zones.This setup indicates a bullish opportunity as the market moves toward these liquidity areas. Watch for price action confirmation and manage risk carefully when taking long positions.Stay tuned for updates and trade wisely! 🚀BTC fell harder than expected, reacting to global risk-off sentiment and Deep-Seek news. Now at key support (bottom of the trading range), a potential recovery towards the range top is on the table. Watch for momentum and liquidity targets! 🚀As expected, BTC hunted liquidity over the trading range. However, the price fell deeper than anticipated due to Chinese selling pressure before the holidays on Jan 27.Once that selling pressure equilibrated, BTC reversed strongly, reclaiming lost ground and now targeting the liquidity levels above.With this breakout, we could see further upside movement if BTC maintains momentum.Follow for more updates and trade opportunities!

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$108,000
Stop Loss Price
$102,500
First Support:
$102,000
First Resistance:
$106,000
Price at Publish Time:
$102,682.5
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