🎯 BTCUSD 20th February 2025 Daily Analysis Based on Key Levels

Current Market Price (DCMP): 97,166

🔑 Critical Zones

Above DCMP (Resistance/Sell):

Immediate Resistance: 98,028 🚧

Strong Resistance: 101,145 🚨

Swing High: 106,447 (4H timeframe)

Below DCMP (Support/Buy):

Immediate Support: 96,173 🛡️

Strong Support: 94,359 🎯

Swing Low: 91,530 (Daily timeframe)

📉 Technical Snapshot

Pivot Levels:

Key Buy Zone: 94,359 | Key Sell Zone: 96,365

Fibonacci:

61.8% retracement aligns with 94,359 support.

RSI: Neutral at 54, no divergence observed.

MACD: Bearish crossover forming near 96,365 resistance.

💼 Trade Setups

🟢 Intraday Buy Setup

Entry: 94,359 🎯

Stop Loss: 91,585 ❌

Take Profit 1: 95,464 ✅

Take Profit 2: 96,173 ✅

Rationale: Strong bounce expected at Fib-backed support with bullish RSI momentum.

🔴 Intraday Sell Setup

Entry: 96,365 🎯

Stop Loss: 98,191 ❌

Take Profit 1: 95,027 ✅

Take Profit 2: 94,318 ✅

Rationale: Rejection likely at pivot resistance with MACD bearish signal.

⚠️ Risk Management

Maintain 1:2 risk-reward ratio.

Avoid trading during extreme volatility.

Adjust position size based on stop distance.

Key Swing Levels: High at 106,447 | Low at 91,530

🔍 Analysis combines price action, Fibonacci retracements, and momentum indicators for tactical trade execution.