📊 BTCUSD 17th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 96,257

🔑 Immediate Support & Resistance

Below DCMP (Support):

• Key Support 1: 96,007 | Support 2: 95,615 | Support 3: 94,981

Above DCMP (Resistance):

• Resistance 1: 97,276 | Resistance 2: 97,668 | Resistance 3: 98,303

Swing Levels (Daily/4H):

• Swing High: 106,447 | Swing Low: 91,530

📉 Technical Snapshot

• Key Levels: Critical support at 94,359 and resistance at 96,365.

• Fibonacci Levels: Retracement aligns with Support 3 (94,981) and Resistance 2 (97,668).

• RSI: Neutral (50-55), suggesting balanced momentum.

• MACD: Flatlined near the midline, indicating consolidation.

💡 Intraday Trade Opportunities

1️⃣ Intraday Buy Setup

• Entry: 94,359 🟢 (Key Support Zone)

• Stop Loss: 91,585 🔴 (Below Support 3)

• Take Profit 1: 96,007 🟡 (Support 1)

• Take Profit 2: 97,276 🟡 (Resistance 1)

2️⃣ Intraday Sell Setup

• Entry: 96,365 🔴 (Key Resistance Zone)

• Stop Loss: 98,303 🔴 (Above Resistance 3)

• Take Profit 1: 95,615 🟡 (Support 2)

• Take Profit 2: 94,981 🟡 (Support 3)

🎯 Final Insight

BTCUSD hovers near DCMP (96,257). A break above 96,365 could retest 97,668, while a drop below 94,359 may target 94,981. Prioritize strict risk-reward ratios and tiered profit-taking.

• Risk Note: Validate setups with live data. Adjust positions dynamically. 🚨