Tag: BTCUSD

🔸 BTCUSDT Daily Analysis – June 9, 2025Bitcoin (BTCUSDT) is currently trading in a bearish structure on the H4 timeframe, showing continued downside momentum. Today's analysis highlights key levels for potential trade setups based on price action and volume confirmation. 🔻 Bearish Scenario – Short SetupKey Resistance Level: 106,800 This is a significant resistance zone aligning with the bearish structure. Watch for price rejection or confirmation of weakness near this area. Entry: Consider short positions near 106,800 Stop Loss: Above 107,000 Take Profit: Target the next swing low zone between 101,500 – 102,000 🔺 Bullish Scenario – Breakout & Pullback SetupIf BTC breaks and closes above 107,000, avoid instant entry. Wait for a pullback to the RBS (Resistance Become Support) zone at 107,000 Entry: Upon confirmation of support at 107,000 Take Profit: Aim for 110,000 level ⚠ Important Note:📌 No entry should be taken without volume confirmation. ✅ Wait for one or more of the following volume-based confirmation signals: TBR (Trap Break & Reverse) Shakeout Test EVR (Effort vs. Result) Climactic Action Bar 📍 These volume concepts are core principles of MJ FOREX ACADEMY and must be followed for every trade setup. 📌 Summary:Bias Key Level Strategy SL TP RangeBearish 106,800 Short on rejection >107,000 101,500 – 102,000Bullish >107,000 Long on pullback to RBS Below RBS 110,000 Risk Management:Always use a Stop Loss and manage your risk per trade. No confirmation = No entry.

Tag: BTCUSD

🔸 BTCUSDT Daily Analysis – June 9, 2025

Quick List

Resources

support