Technical analysis by ayushpanchal92 about Symbol BTC: Sell recommendation (7/29/2024)

ayushpanchal92

In this BTCUSDT analysis, I am expecting a short-term bullish move into the highlighted supply zone around $88,200 - $89,000, followed by a strong rejection leading to a downward move toward $85,300 and potentially $82,000.Entry Zone: Near $88,200 - $89,000Stop Loss: Above $90,015Target 1: $85,300Target 2: $82,000The price structure suggests a liquidity grab before a potential bearish leg. If BTC fails to hold the $85,300 support, a deeper drop toward $82,000 is likely.Let me know your thoughts in the comments! 🚀📉🚀 BTCUSDT Target Reached! Precision at Its Best! 🎯📊 Analysis Played Out Perfectly – As expected, price followed our projection and hit the target. Another flawless execution based on Smart Money Concepts & Price Action!💰 Stay tuned for more high-probability setups! If you want to learn how we predicted this move, drop a 🔥 in the comments!#CryptoTrading #BTCUSDT #SmartMoneyConcepts #TradingView #PriceAction #Forex #TradingCommunity