Technical analysis by SiDec about Symbol BTC: Buy recommendation (9/28/2025)

After hitting the BIG resistance at $117,896 (0.618 Fib retracement), BTC rejected as anticipated and started its current downtrend. The anchored VWAP from the $117.9K high has been an excellent guide, acting as resistance → most recently at $113,800, where it provided a clean short entry. Over the weekend, BTC has traded sideways. We just saw a small pump to clear the range highs and take out buy-side liquidity, a common setup before markets rotate lower to sweep sell-side liquidity. Key Confluence Zone The next level of interest sits around $108,250, where multiple factors align: Monthly Open: $108,246.36 Daily Level: $108,246.35 0.618 Fib Retracement: $108,236.67 Liquidity cluster with many stop-losses residing here If this zone fails to hold, the next downside interest lies at: Key Low: $107,255 → possible SFP area 0.666 Fib Retracement: $106,975.52 → additional support 🟢 Long Trade Setup Entry: Long around $108,250 (mOpen confluence zone) Stop-Loss: Below 0.666 Fib retracement (~$106,975) Take Profit: TP1 → $111K, if volume expands → trail stop for higher targets R:R: ~1:2 Market Insight Sunday pumps are notoriously unreliable, often designed to trap traders into late longs before a pullback wipes them out. This setup reflects exactly that dynamic. Indicators used DriftLine — Pivot Open Zones [SiDec] → For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points ➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades. _________________________________ 💬 If you found this helpful, drop a like and comment!