Technical analysis by YUKIOTRADER90 about Symbol BTC: Buy recommendation (5/1/2025)

Price is currently at $96,657, up +2.63%.You have drawn a forecast path:A short-term pullback is expected first.Then a bounce from around the $96,290–$96,000 zone (which seems like a demand/support zone you highlighted in red).After that, a strong rally toward the target around $99,965.Technical breakdown:Trend: Strong bullish momentum before the pullback.Structure: You are anticipating a higher low forming near the support box, then a continuation upward (bullish structure).Support Zone: Around $96,290 (marked in light red).Resistance/Target: Around $99,965.Analysis Summary:Short retracement is healthy after the strong push up.If buyers defend the highlighted support zone, there’s a high chance of continuation toward your target.Risk Management: If price drops below $96,000–$95,500 zone, the bullish setup might get invalidated. Price is currently at $96,657, up +2.63%.You have drawn a forecast path:A short-term pullback is expected first.Then a bounce from around the $96,290–$96,000 zone (which seems like a demand/support zone you highlighted in red).After that, a strong rally toward the target around $99,965.Technical breakdown:Trend: Strong bullish momentum before the pullback.Structure: You are anticipating a higher low forming near the support box, then a continuation upward (bullish structure).Support Zone: Around $96,290 (marked in light red).Resistance/Target: Around $99,965.Analysis Summary:Short retracement is healthy after the strong push up.If buyers defend the highlighted support zone, there’s a high chance of continuation toward your target.Risk Management: If price drops below $96,000–$95,500 zone, the bullish setup might get invalidated.