🚀 BTCUSD 30th January 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 105,207

Key Levels

Above DCMP (Resistance): 106,749, 107,577, 109,356, 109,911, 113,691

Below DCMP (Support): 103,797, 101,938, 101,117, 100,017, 99,787, 97,683, 93,903

Swing High: 109,356 | Swing Low: 99,462

Technical Analysis Summary

Critical Zones:

Immediate Resistance: 106,749 (aligned with Fib 0.382 retracement).

Strong Sell Zone: 107,577 (confluence of Fib extension and historical resistance).

Key Support: 103,797 (critical intraday demand area).

Momentum Indicators:

RSI hovers near neutral, suggesting indecision.

MACD shows bearish momentum weakening near 103,797 support.

Price Context:

DCMP (105,207) trades between swing high (109,356) and low (99,462).

A break above 106,749 could signal bullish reversal; failure at 103,797 risks retesting 99,462.

Intraday Trade Setups

🟢 Trade Idea 1: Intraday Buy

Entry: 103,797 🎯 (Critical Support)

Stop Loss: 99,787 🛑

Take Profit 1: 106,749 ✅ (Immediate Resistance)

Take Profit 2: 109,356 ✅ (Swing High)

Rationale: Bounce from 103,797 aligns with bullish divergence on lower timeframes and Fib 0.618 support.

🔴 Trade Idea 2: Intraday Sell

Entry: 107,577 🎯 (Strong Resistance)

Stop Loss: 109,911 🛑

Take Profit 1: 103,797 ✅ (Key Support)

Take Profit 2: 101,938 ✅ (Next Demand Zone)

Rationale: Rejection at 107,577 validates bearish RSI divergence and Fib 1.618 extension resistance.

Final Insight

BTCUSD remains range-bound between 103,797 and 109,356. Trade reversals at these levels with strict stop losses.