$BTC Today's Pro Trading Plan for $BTC/USDT (12 Jun 2025 | 09:18 UTC)
• Entry Zone: Consider long entries between $107,000 - $107,300, looking for a bounce from the current support and potential retest of the 20-period MA on the 4-hour chart.
• Stop Loss: $106,800, placed just below the recent swing low and immediate structural support.
• Risk/Reward Ratio: Approximately 1:2 for Target 1, scaling favorably for higher targets.
• Profit Targets:
• Target 1: $107,779 (Conservative rebound to 20-period MA).
• Target 2: $108,500 (Mid-range resistance, prior consolidation area).
• Target 3: $109,398 (Aggressive target towards previous swing high).
• Strategy: BTC is currently experiencing a pullback to a potential demand zone. We're looking for a bullish reaction off this level, forming a swing low. The MACD shows bearish momentum, but a bullish divergence (if it forms on lower timeframes) would enhance conviction for a bounce. This is a mean reversion trade within an overarching uptrend.
• Market Sentiment: Short-term bearish pressure but overall bullish structure remains intact. Buyers are likely looking to defend this support.
• Invalidation Level / Caution Note: A sustained break and close below $106,800 would invalidate this bullish setup, suggesting deeper correction. Monitor for increased selling volume at this level.
Disclaimer: All trading involves risk. This content is for informational purposes only. Please trade responsibly.