Technical analysis by FXOnTop about Symbol BTC: Buy recommendation (7/9/2025)

Hi traders! , Analyzing BTC/USD on the 30 minute timeframe, price is currently respecting an upward channel and showing consistent higher highs and higher lows. The recent bounce from dynamic support suggests bullish continuation.🔹 Entry: 109,545🔹 Take Profit (TP): 110,612🔹 Stop Loss (SL): 108,438Price is trading above both the 50 and 200 EMA, confirming bullish momentum. The RSI remains above the midline, indicating buyers are still in control. This long setup offers a favorable risk-reward ratio within the context of the broader uptrend.A confirmed breakout from the short-term resistance, combined with trendline support and channel structure, adds confluence to this idea. Watch for potential resistance near the 110,612 zone.⚠️ DISCLAIMER: This is not financial advice. Every trader is responsible for their own decisions and risk management.On Fire 🔥