Technical analysis by fsanalysis6 about Symbol BTC: Sell recommendation (5/26/2025)

This chart outlines a short trading setup for BTCUSDT based on a potential reversal from a clearly marked supply zone. The entry point is highlighted at 110,900, with a stop loss placed at 111,600, just above the resistance zone. The target for this move is set at 106,700, aligning with a previously tested demand area. The risk-to-reward ratio appears favorable, and price action suggests a possible shift in momentum from bullish to bearish near resistance.Current Price: 109,880.71Planned Entry (Short): 110,900Stop Loss (SL): 111,600Target: 106,700🔍 Trade Setup Status:Position: Not yet triggeredDistance from Entry: ~1,020 points below entryPrice Action: Approaching the supply/resistance zone near the planned entry area. Momentum is bullish, but showing signs of potential resistance ahead.🧭 Outlook:If the price reaches the 110,900 level and shows rejection (e.g., wick rejections, bearish candles), the short setup could become valid.A move above 111,600 would invalidate this setup and hit the stop loss.Downward target aligns with previous support, suggesting a logical area for price to revisit if a reversal occurs.