#TradingMistakes101
Bitcoin (BTC/USDT) Price Analysis -
Data as of June 9, 2025 | Current Price:$107,219.48 (+1.40% in 24h)
Key Levels & Technical Structure
1.Immediate Resistance:
- $108,388.73 (Today’s High)
- $109,000.00.
2. Critical Support:
- $106,117.19 (Resistance)
- $105,593.10 (-Strongest Support)
3. Value Area:
- Fair Value Gap (FVG): $106,870–$107,032. (Price Magnet)
- Selling Pressure Zone: $107,800-$108,400
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Short-Term Scenarios:
✅ Bullish Breakout:
a- Close above $108,400→ Targets $109,000–$110,000.
b- Confirmation: big volume + bullish candle closure.
⚠️ Bearish Rejection:
a- Breakdown below $105,593 (POC) → Risk of drop to $104,017 (Weekly Low).
b- Watch for: Low volume rebounds + rejection at $107,500.
➖Range-Bound zone:
- Consolidation between $106,000–$108,000. ----------------------------------------------
Trading Strategy (Binance Focused): |--------------|----------------------|-------------------|---------------
POSTOON Long :
ENTRY ZONE $105,600–$106,100 ,
STOP LOSSS Below $105,000 ,$108,300,
→ TARGET $109,500.
POSITION Short :
ENTRY ZONE :$108,300,
STOP LOSS: $108,800 Above $109,000 , $106,500
→ TARGET $105,600
►Risk Managemen:
- Leverage Binance’s ,TradingView Chart for real-time Volume Profile & RSI.
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Critical Indicators.
- Volume Profile: High accumulation at $105,500–$106,000 (Institutional bid zone).
- Momentum: +8.27% in 4 days – Bullish but overextended near resistance.
- Market Sentiment: Neutral (Fear & Greed Index: 55).
⚠️ Disclaimer: This is *not financial advice*. Cryptocurrency markets are extremely volatile. Conduct your own research and consult a licensed advisor.
Source: Binance BTC/USDT real-time chart (June 9, 2025).
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