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

https://sahmeto.com/message/3299708
ElenaMayi
ElenaMayi
Rank: 3167
2.1
Buy،Technical،ElenaMayi

The price has rebounded from the 86.31 support level and has stabilized above 88.36, indicating potential bullish momentum. A short-term correction may occur before the price resumes its uptrend, targeting the resistance levels at 91.66 and 94.04.However, if the price falls below the 86.31 support level, the bearish trend will be activated, increasing the likelihood of further decline. A confirmed breakout below this level could accelerate selling pressure, pushing the price down toward the next key support at 82.81.Tendency Keys: 86.31Resistance Line: 91.66, 94.04, 98.15.Support Line: 88.36, 86.31, 82.81.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$91,661
Stop Loss Price
$86,319
Price at Publish Time:
$88,997.84
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