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

https://sahmeto.com/message/3562780
UAE_USA_GOLD_TRADERS
UAE_USA_GOLD_TRADERS
Rank: 17604
1.4

BTC/USD Testing Resistance Near Downtrend Line

Sell
Price at Publish Time:
$108,587.42
Sell،Technical،UAE_USA_GOLD_TRADERS

Bitcoin is currently approaching a descending trendline and horizontal resistance zone around $109,148–$109,177 on the 15-minute chart. Price has shown a steady climb, but is now testing a key level that previously acted as a supply zone.If price fails to break and close above this level, a potential retracement toward the $107,437 area may follow. The setup displayed on the chart suggests a short-term risk-managed approach, with clearly defined zones for price reaction.Volume remains steady, and this could be a decision point for bulls and bears in the short term. Watching for confirmation either way.📌 For educational and charting purposes only.active timehold 7 hours

Source Message: TradingView
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