Technical analysis by Fondera about Symbol BTC: Buy recommendation (2/4/2025)

BTCUSDT – Bullish Rebound Setup Market Context: BTC is currently trading near a 4H Fair Value Gap, with multiple wicks indicating buyers are stepping in. The 4H Kijun and the FVG overlap provide a strong confluence area for a potential bounce. Despite recent bearish pressure, a range-bound environment suggests a bullish bias could play out if price holds above this support region. Trade Idea (Long): – Entry: Look to buy on a retest of the 4H FVG or once the 4H Kijun confirms support. – Stop: Place just below the recent wicks or the lower boundary of the FVG. – Risk: 1% of account (or per your risk plan). – Target: Aim for a minimum of 1:2 RRR, targeting the next key structure high or daily supply zone. Risk Management: If price decisively breaks below the FVG and invalidates the Kijun support, exit the trade and wait for another setup. Remain watchful of macro news as it can spark sudden volatility.Buy at arrow.