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Technical analysis by Mr_adnan1 about Symbol BTC: Sell recommendation (5/6/2025)

https://sahmeto.com/message/3487721
Sell،Technical،Mr_adnan1

BTC/USD is currently trading around the $94,551 level and is facing strong resistance in the $94,500–$95,000 zone. The price action shows consolidation below this resistance, suggesting weakening bullish momentum.A potential breakdown scenario is forming. If the price closes below the $92,778 support level, it may trigger a bearish move toward the next major support levels at:$89,133 (intermediate support)$85,207 (final target)Trade Setup:Entry: Below $92,778 (on confirmation)Target Levels: $89,133 and $85,207Stop-Loss: Above $96,993The risk-to-reward ratio is favorable for a short position if price rejects the resistance and breaks support with volume confirmation.Disclaimer: This is a technical analysis-based idea and not financial advice. Always do your own research before entering any trade.

Translated from: English
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Signal Type: Sell
Time Frame:
2 ساعت
Price at Publish Time:
$94,576.05
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