Technical analysis by Goldfinch_song about Symbol BTC: Buy recommendation (5/30/2025)

Goldfinch_song

Price failed to reclaim broken support at $106.4k and continues to trend downward. Current level offers no long setup — the structure remains bearish with no confirmed reversal yet.Key Zone:🟩 Sweep Zone: $104.4k (H12 range low)Watch this area for a possible liquidity grab and a higher timeframe trigger for long entries. This is a critical level — a bounce with confirmation could mark a reversal.🚫 Break Below $104k → InvalidationIf the price closes below this zone, the bullish thesis is off the table. Risk of deeper flush increases significantly, with next supports well below.🎯 Upside Targets (if reversal confirmed):• $108.4k• $112.4kPlan:No longs at the current level. Wait for a sweep of the range low and a strong reversal signal before considering entries. Reclaim of $106.4k would add confluence.📌 Disciplined patience pays — no FOMO entries here.If no bounce — eyes on $100k and below (imbalances)Break below $104k — trend at risk, deeper flushBounce needed here, otherwise watch sub-$100k zones.