Technical analysis by SeoVereign about Symbol BTC: Buy recommendation (5/28/2025)

We are the SeoVereign Trading Team.With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.🔔 Follow us to never miss a market update.'--------------------------------------------------------------------------------------------------------Currently, on the chart, it is clear that a harmonic pattern, specifically the Bat Pattern, has been formed. The Bat Pattern is interpreted as a strong reversal signal based on the ratio structure between highs and lows, and especially, a rebound in the PRZ (Potential Reversal Zone) area acts as a highly reliable entry signal.In this case as well, a strong rebound has been observed after the price reached the PRZ zone, which can be seen as technical evidence supporting the validity of the pattern.Also, according to the Elliott Wave Theory, the 5-wave structure has now been confirmed. This indicates that the final impulse wave of the 1-3-5 wave structure has been completed, and typically, after this phase, a corrective wave (ABC pattern) or the start of a larger fractal wave follows. However, since both the harmonic pattern and wave analysis simultaneously support an upward movement, it is judged that an additional upward trend is likely to unfold in the short term.Therefore, the future price movement can be projected with the following three target levels:1st Target: 108,247 – A short-term resistance level that needs to be monitored for price reaction.2nd Target: 108,707 – This level overlaps with a previous high, and its breakout will serve as a criterion for determining trend continuation.3rd Target: 109,167 – Set as a mid-term bullish target, and if the upward wave extends, this is a major resistance level with high potential to be reached.In conclusion, entering at a zone where multiple technical indicators align tends to be a strategy with favorable risk-reward characteristics, and at this point, it is judged that the short-term outlook remains bullish. However, it is also emphasized that setting a stop-loss level and managing risk must be done concurrently.first tp hit!Trade Review & Market CommentaryThe first target was reached without issue, but unfortunately, the second target was not achieved.However, as planned, 50% of the position was taken profit near the first target, and the remaining 50% was exited at the entry price, resulting in an overall profitable trade.📊 TradingView Chart:In this trade, a strong breakout above the 108,500 USDT level led to expectations of a sharp rally toward the second target.However, the price faced resistance and reversed after failing to fully absorb the supply zone between 108,500 and 109,100 USDT, ultimately falling short of the second target and entering a correction.Through this experience, I was reminded that while advanced techniques like harmonic patterns and Elliott Waves are valuable,the importance of basic support/resistance and supply zone analysis should never be overlooked.🎯 Summary Feedback:Thanks to a well-planned partial take-profit strategy and strict stop-loss management, risk was minimized and profits were secured — a very positive outcome.Going forward, I will continue to balance technical analysis with supply zone dynamics to further refine my trading strategies.