Technical analysis by fsanalysis6 about Symbol BTC: Sell recommendation (5/20/2025)

**Instrument:** BTC/USDT **Timeframe:** Intraday **Current Price Zone:** \~105,284**Setup Summary:** **Entry Level:** 106,400 **Risk Level (SL):** 106,900 **Projected Target:** 102,500 **Risk-to-Reward Ratio:** \~1:7.8 (approx.)**Key Highlights:**1. **Upper Resistance Zone:** * Price action has shown rejection from this region multiple times, forming a reliable resistance. * Marked as the ideal area for initiating a position based on prior wick rejections.2. **Lower Demand Zone:** * This level has served as a solid recovery base, showing strong reaction historically. * It aligns with the downside objective of this move.3. **Bearish Momentum:** * The market is showing signs of slowing bullish momentum after retesting the resistance area. * A potential reversal setup is forming in alignment with previous market structure.4. **Candlestick Context:** * Multiple rejections and wicks at resistance suggest weakening upward pressure. * Volume and formation indicate potential for a move toward the lower support.🕒 Active Setup – Price is currently trading below the entry level at ~105,284.📉 Bias: Bearish📌 Awaiting further confirmation of momentum toward the 102,500 zone.