Technical analysis by wuxbwuxb about Symbol BTC: Sell recommendation (3/7/2025)
https://sahmeto.com/message/3299793
wuxbwuxb
Rank: 2811
Analytical Power:
2.1

📍 Key Resistance Zone (Sell Zone):$90,139 - $90,850 → Price needs confirmation before entering a short trade.📉 Bearish Scenario:🔻 If price rejects the $90,139 - $90,850 zone, we expect a drop towards TP1, TP2, and TP3.🔻 Strong rejection from this zone confirms a short entry.📈 Bullish Scenario:✅ If price breaks and holds above $90,850, we could see a move towards $93,581 - $94,762.💡 Trading Plan:🎯 Sell Setup: Wait for rejection in the $90,139 - $90,850 zone.🎯 Buy Setup: Only consider long positions if price breaks and holds above $90,850.🎯 Manage risk accordingly with SL above resistance or below support zones.
Translated from: English
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$89,708.45