Technical analysis by EA_GOLD_MAN_COPY_TRADE about Symbol BTC: Buy recommendation (8/14/2025)

Trend Overview: The chart shows a recent strong bullish channel breakout attempt followed by a corrective pullback toward the entry point at 120,080. Current Price Action: Price is consolidating slightly above the entry zone (120,042), suggesting potential support formation. Support Zone: 120,042 – 118,994 (blue highlighted area). This acts as the buy zone with stop-loss protection just below it. Resistance / Target: 124,780 — marked as the EA Target Point, representing a potential +3.83% upside move from entry. Stop Loss: 118,994 — placed just under the lower boundary of the demand zone to limit downside risk. Technical Insight: The bullish channel structure suggests upward momentum could resume if price holds above 120,000. A break below 118,994 would invalidate the bullish setup and could lead to deeper correction. Risk-to-reward ratio appears favorable if entry is maintained at or near 120,080.