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Technical analysis by MangoMan4 about Symbol BTC: Buy recommendation (3/7/2025)

https://sahmeto.com/message/3299587
MangoMan4
MangoMan4
Rank: 25010
1.1
Buy،Technical،MangoMan4

Bitcoin has been forming clear liquidity levels and moving in a structured manner. After a strong recovery from support, BTC is now approaching a key resistance zone, which previously acted as a rejection point.Technical Breakdown📍 Support Zone: $87,000 – $88,000📍 Resistance Zone: $90,000 – $91,000📍 Current Price: $89,030🔸 Market Structure:A series of liquidity sweeps and rejections have defined BTC’s movement.The price has respected previous resistance zones, making them key areas to watch.If BTC faces rejection at the next resistance, we could see a short-term retracement.Potential Trade Setups🔻 Bearish Case:Rejection at $90,500 – $91,000 → Short opportunity targeting $88,500 – $87,500.🚀 Bullish Case:If BTC breaks & retests $91,000 as support, we could see a push toward $92,500 – $93,000.Final ThoughtsBitcoin is at a critical juncture—a decisive move in either direction could set the trend for the next few sessions. Watch for confirmation before entering trades!📌 Do you think BTC will break resistance or reject? Drop your thoughts below! 👇

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Profit Target:
$93,000
Stop Loss Price
$87,500
Price at Publish Time:
$88,881.82
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