Technical analysis by CryptoSanders9563 about Symbol BTC: Buy recommendation (7/7/2025)

CryptoSanders9563

BTC/USDTYou have three circles highlighting repeated price rejections around the $109,000–$110,000 area (red resistance band).A descending trendline connects those high points, creating a sloping resistance.There is a broad support area around $98,000–$100,000 (green area below).The price recently broke above the trendline and is now retesting around that $109,000–$110,000 area.If BTC stays above ~$108,500–$109,000, it could head further towards $112,000–$113,000.A drop below the trendline and back to $107,500 could trap the bulls, leading to a retest of $105,000 or lower support around $100,000.Bullish setup: Entry $108,800–$109,200, target $112,000–$113,000, stop-loss below $107,000.Bearish setup: Short if price rejects $109,500–$110,000, target $105,500, stop-loss above $110,800.Stay alert!