🏆 BTCUSD 5th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 86,900 🔄

BTCUSD trades below immediate resistance (89,654) and above critical support (82,665).

📊 Key Technical Levels

🛑 Resistance Zones (Sell Zones)

R3: 93,334 (Major resistance)

R2: 90,485 (Secondary resistance)

R1: 88,724 (Short-term resistance)

🟢 Support Zones (Buy Zones)

S1: 82,665 (Critical support)

S2: 81,265 (Secondary support)

S3: 78,416 (Long-term floor)

Swing High: 99,508 | Swing Low: 78,197

📈 Technical Indicators

RSI: Neutral at 48 (no divergence observed).

MACD: Bearish momentum fading near key support (82,665).

Fibonacci Levels: 61.8% retracement aligns with S1 (82,665), indicating a potential reversal zone.

💡 Trade Setups

🟢 Intraday Buy Setup

Entry: 82,665 📍 (Critical support)

Stop Loss: 78,197 🚫 (Below S3)

Take Profit 1: 85,875 🎯 (Nearest pivot)

Take Profit 2: 88,724 🚀 (Short-term resistance)

Rationale: A rebound from S1 aligns with Fibonacci confluence and weakening bearish MACD momentum.

🔴 Intraday Sell Setup

Entry: 89,654 📍 (Key resistance)

Stop Loss: 93,334 🚫 (Above R3)

Take Profit 1: 85,875 🎯 (Pivot retest)

Take Profit 2: 82,665 🚀 (Critical support retracement)

Rationale: Rejection at 89,654 offers a high-probability short trade with RSI near neutral and overhead resistance.

📉 Market Outlook

BTCUSD faces pressure below 89,654, with bears targeting 82,665. A sustained break above 89,654 could shift bias toward 93,334, while failure to hold 82,665 risks a decline to 78,416.

🔔 Watch: Price action around DCMP (86,900) for intraday directional cues.

📌 Summary

Key Supports: 82,665 → 81,265 → 78,416

Key Resistances: 88,724 → 90,485 → 93,334

Price Bias: Neutral with bearish risks below 82,665.

Trade with disciplined risk management! 💼✨