Technical analysis by Wave-Trader about Symbol BTC: Buy recommendation (2/4/2025)

Revised BTC/USDT Buy Setup (Support Entry at $88,000)Support Buy Setup (~$88,000 - $90,000 Zone)🔹 Entry:Buy near $88,000 - $90,000 (strong support + 38.2% Fibonacci level).Wait for bullish confirmation, such as a wick rejection, bullish engulfing candle, or RSI divergence.🎯 Targets:Target 1: $99,000 - $100,000 (psychological level & recent resistance).Target 2: $108,000 - $110,000 (major breakout zone).Target 3: $123,000+ (extension rally).📉 Stop-Loss:Below $86,500 to protect against a deeper drop.📌 Risk Management:Risk/reward ratio: 1:3 or better.Position sizing should account for volatility.Additional Confirmation Factors:✅ Watch BTC price reaction at 88K for reversal signals.✅ Look for higher lows on lower timeframes (4H/1H).✅ If BTC breaks below 87K, wait for a re-entry lower.