Technical analysis by SCALPOO about Symbol BTC: Buy recommendation (2/25/2025)

SCALPOO

The setup focuses on buying from strong support zones and riding the price up to multiple take-profit targets. Entry Strategy: Entry 1: Around $84,910.7, which aligns with a key support zone. Entry 2: Around $78,430.4, a deeper support level in case of further downside. Risk Management: A stop loss at $65,523.5 ensures capital protection in case of a breakdown below major support. Take Profit Levels: Take Profit 1: $99,009.6 – First resistance area where partial profits can be secured. Take Profit 2: $106,102.9 – A key level where momentum may slow down. Take Profit 3: $110,919.3 – The final target in case of a strong bullish rally. Trade Scenario: Bullish Case: If price holds above Entry 1, a bounce towards Take Profit levels is expected. Bearish Case: If price drops below Entry 1, the next support (Entry 2) offers another buying opportunity. Stop Loss Activation: If BTC drops below $65,523.5, the trade is invalidated, preventing further losses. This trade plan follows a risk-reward approach, focusing on capital preservation while targeting high-probability reversal zones. BTCUSDT.P BTCUSDT BTCUSDT BTCUSD BTCUSDT BTCUSD BTCUSDt.me/scalpoooYou have the choice to close entry one and level entry two entry one running 10% in profit and entry 2 running 19.8% in profit stop loss on entry points for bothClosed On Profit