🚨 $BTC: Check important support area - Long scenario for recovery! 🚀

Trading plan: Long 🟢

Entry Zone: 89300 - 89550

Take Profit (TP):

🎯 TP1: 90400

🎯 TP2: 91500

🎯 TP3: 93050

Stop Loss (SL): 88300

(BTCUSDT)

🔥 Technical Analysis:

On the H4 chart, $BTC is rechecking the important support area around 88,412.8 after a strong decline. The price is showing a positive reaction here, with lower wicks appearing. The RSI on the 15m chart is in the oversold region, indicating that selling pressure has depleted. It is very likely that the price will experience a strong recovery from this level.

⚠️ SL Explanation:

The level 88300 is placed safely below the most recent low wick at 88,412.8. Breaking this level will invalidate the important support structure.

$ZEC