#BTCDOM/USDT Today's Pro Futures Trading Plan for $BTCDOMUSDT - April 30, 2025
• Trade Direction: Bullish (conditional on price structure confirmation)
• Entry Zone:
• Primary: 5,350 – 5,372 (breakout above 24h high of 5,371.7 with volume confirmation).
• Secondary: 5,255 – 5,300 (pullback to retest support near MA(7) at 5,213.3 or 24h low zone).
• Stop-Loss:
• 5,245 (below the 24h low of 5,255.4 and MA(7) to account for volatility).
• Risk/Reward Ratio:
• 1:3 (adjust based on entry precision).
• Profit Targets:
• Target 1: 5,450 (immediate resistance extension).
• Target 2: 5,550 (psychological level and Fibonacci extension).
• Target 3: 5,650 (upper structure from MA data).
• Strategy Explanation:
• Price is trading above short-term MAs (7/25), suggesting bullish momentum, but proximity to the 24h high (5,371.7) necessitates caution. A confirmed breakout above 5,372 with rising volume could signal continuation.
• A pullback into the 5,255–5,300 zone aligns with MA(7) and prior support, offering a lower-risk entry.
- Volatility and volume (24h USDT vol: 7.56M) support active trading but require tight risk management.
• Market Sentiment Overview:
• Moderately bullish short-term, driven by upward price action and MA alignment. Longer-term caution persists due to the wide gap between MA(99) (4,171.6) and current price.
• Invalidation Level / Caution Note:
• Invalidation: A close below 5,245 negates the bullish structure, signaling potential reversal.
• Monitor mark price (5,347.4) for divergence and volume trends to avoid false breakouts.
Disclaimer: Futures trading is highly risky. This analysis reflects my personal view and is not financial advice. Always do your own due diligence.