Technical analysis by MoriartyTrading about Symbol BTC: Buy recommendation (2/23/2025)

📉 LONG BTCUSDT.P from $104,353.0🛡 Stop loss: $103,572.0🕒 Timeframe: 1H✅ Market overview:➡️ The price confidently broke above $103,729 and held, confirming the uptrend.➡️ The next target zone is $104,720–$105,090 — nearest movement objectives.➡️ Volume increased during the impulse, indicating strong buyer presence.➡️ A local support level formed around $103,729 — on a pullback, this zone may hold the price.➡️ POC at $94,479 remains far below — the market has left the balance zone and is trading in an impulsive phase.🎯 TP Targets BTCUSDT.P:💎 TP1: $104,720.0💎 TP2: $105,090.0💎 TP3: $105,275.0⚠️ Important: current structure BTCUSDT.P suggests possible correction (wedge breakdown), requiring caution or exit on key level loss.⚠️ Despite the initial long from $104,353, a breakdown below $103,572 (stop loss) invalidates the long setup.📢 If H1 closes below $103,572 — better to exit, scenario invalid.🚀 Scenario BTCUSDT.P valid while holding above $103,729 — below that, correction likely toward lower targets!