Technical analysis by EA_GOLD_MAN_COPY_TRADE about Symbol BTC: Sell recommendation (5/10/2025)

EA_GOLD_MAN_COPY_TRADE

1. Entry Point: 104,855This is where the trader plans to enter a short position (sell).Price is slightly below this level at the moment (103,775).2. Stop-Loss Zone: ~104,807Highlighted in purple above the entry.Indicates where the trader will exit if the market moves against them to limit losses.3. Resistance Point: 103,086This level has been tested multiple times and may act as a ceiling for prices.If broken and held, it might invalidate the short setup.4. Target Point: 93,159This is the take-profit level for the short trade.Represents a drop of approximately -10.76% from the entry point.5. Trend Analysis:The chart shows an uptrend leading into a potential distribution or topping pattern near the resistance zone.A potential bearish move is anticipated, hence the short strategy.6. Support Zones:Highlighted in purple near the target area (around 93,159).Historically strong buying areas.Interpretation:The trader expects the current resistance level to hold, prompting a downward correction toward the target zone at 93,159. If price moves above 104,807, the setup is invalidated, hence the stop-loss placement.target point one hit