Technical analysis by mudusir about Symbol BTC: Sell recommendation (5/29/2025)
mudusir

📉 #Bitcoin has recently broken its key trendline after making a new All-Time High (ATH). This could be the first major sign of a trend reversal. Here’s what we’re seeing:🔹 Trendline Broken: The uptrend has been broken — a significant technical signal.🔹 Retesting the Break: Price is currently retesting the broken trendline, a classic move before continuation.🔹 Triple Touch Confirmation: The trendline was respected with 3 clear touches during the uptrend — increasing the validity of this break.🔹 Support Still Holding: We’re watching a major support level below — a break here would confirm bearish momentum.🚨 Strategy Plan:If the support level breaks and #BTC retests it as resistance, we’re planning a short position with strict risk management. Patience is key — wait for confirmation before entering!🛡️ Risk Management First. Always.Don't rush into a trade — wait for a clean breakdown and retest for a high-probability entry.📊 What do you think? Is #BTC ready to reverse, or will the bulls defend the trend?👇 Drop your thoughts in the comments.❤️ Like this idea if it helped you.✅ Follow for more #BTC setups and real-time updates!#BTCUSD #Bitcoin #CryptoTrading #TrendlineBreak #ShortSetup #TechnicalAnalysis #BearishReversal #PriceAction #TradingStrategyBTC has broken our entry price, but the 4-hour candle has not yet closed below the resistance level. Therefore, we will wait for a candle to close below the resistance level before entering a short trade.Trade is active, BTC break the support level and also retest the level, that is the confirmation of the Bullish move. you can take a short trade on CMP with proper SL and risk management.