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Technical analysis by EpicmindJournyFX about Symbol BTC: Sell recommendation (4/1/2025)

https://sahmeto.com/message/3385102
EpicmindJournyFX
EpicmindJournyFX
Rank: 2238
2.3
Sell،Technical،EpicmindJournyFX

Bitcoin is currently testing a key resistance zone around $85,500, where previous price action showed strong selling pressure. A rejection from this level could lead to a short-term pullback towards $83,750 - $83,250 , aligning with a retest of the broken trendline before a potential bullish continuation.🔹 Entry: $85,200 - $85,500🔹 Stop-Loss (SL): $86,000🔹 Take-Profit (TP): $83,750, with potential long re-entry from this zone targeting $86,000+📊 Watch for price action confirmation within the resistance zone before entering. If BTC holds above $85,500, the bullish breakout could accelerate. 🚀

Translated from: English
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Signal Type: Sell
Time Frame:
30 minutes
Price at Publish Time:
$85,260.98
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