DETAILED EVALUATION $BTC

Trend: Lateralized / Light recovery after drop.

Volume: No significant increase, but there is moderate recovery.

Immediate resistance area: ~108.714 (near MA9) and then 108.822.59 (blue line marked on the chart).

Relevant support: ~106.723 (minimum of the last 24h).

Moving averages:

MA7: ~108.430

MA9: ~108.714

MA25: ~107.857

📊 Technical pattern forming: Setup 123

Candle 1: Strong bearish candle on 27/05 (~12h).

Candle 2 and 3: Two bullish candles with long lower wicks (rejection of the drop), indicating buying strength.

Confirmation: The price broke the high of candle 2 with a strong body candle. This is a technical indication of reversal (Setup 123 activated).

📈 Technical Confluences:

MA7 crossing MA25 upwards: Possible bullish crossover if this structure holds in the next few hours.

Volume: Light growth after reversal candles, still needs confirmation with a strong candle breaking 108.822.

🧠 Trading Strategy:

📌 Entry:

As soon as it breaks the resistance of 108.822 with a strong candle and volume.

📉 Stop Loss:

Below the recent low: 107.600 (avoiding noise from the previous candle).

🎯 Targets:

TP1: 110.000 – psychological area and previous resistance.

TP2: 111.000 – recent high before the correction.

📐 Risk x Return (RRR):

Entry: 108.822

Stop: 107.600 (~1.2%)

TP1: 110.000 (~1.1%)

TP2: 111.000 (~2%)

RRR: Valid only if it breaks with strength and volume, with a minimum RRR of 1:2.

✅ Summary of the Analysis:

Technical reversal signal identified (Setup 123).

Needs confirmation with a break above 108.822.

Volume and moving averages support a possible upward movement.

📣 My opinion:

Wait for the break above 108.822 with a strong candle and volume. If it breaks, valid entry with a target at 110K and stop at 107.600.

If the break fails and returns below 108.000 with selling volume, cancel the trade.

Would you like me to notify you in real time if this break occurs?