Technical analysis by Geroge_Fx about Symbol BTC: Sell recommendation (3/3/2025)

🔻 BTC/USDT Sell Zone 🔻📉 Entry: 93,000🎯 Take Profit Targets:✅ TP1: 90,000✅ TP2: 85,000✅ TP3: 80,000✅ TP4: 73,000 (Final Target)📍 Target: 73,000📊 Timeframe: D1 (Daily Chart)⚠ Risk management advised. Set SL accordingly.---Let me know if you need any tweaks! A sell zone around $93,000 on the BTC/USDT D1 chart suggests you're expecting resistance or a reversal near that level. Here are some key factors to consider:Confirmation Signals for a Sell at 93K:1. Key Resistance: Check if 93K aligns with previous supply zones, Fibonacci levels, or trendline resistance.2. Overbought Conditions: RSI above 70 or divergence could confirm a potential reversal.3. Volume Analysis: Weak buying momentum or large sell orders appearing in order books.4. Candlestick Patterns: Look for bearish engulfing, shooting star, or other reversal signals.5. Moving Averages: If price is extended far above key MAs (e.g., 50D, 200D), it could indicate a pullback.Potential Sell Scenarios:Rejection at 93K: A strong bearish reaction could confirm the level.Fakeout & Reversal: Price wicks above but closes below on high timeframes.Breakout & Retest: If 93K is broken, wait for a retest and rejection to confirm weakness.Are you targeting a specific downside level after rejection, like 85K or 80K?Great trade! Hitting TP3 with 1200 pips is a solid win. If your final target is 73,000, that's a huge move. Are you holding for the full drop, or locking in profits along the way?