Technical analysis by SOAM_PRO_TRADER about Symbol BTC: Sell recommendation (5/30/2025)

SOAM_PRO_TRADER

📉 Bitcoin (BTC/USD) 1H Technical Analysis🔻 Structure BreakdownBTC has broken below the recent range support, confirming a range breakdown beneath the all-time high (ATH) consolidation area. This move was preceded by a trendline breakdown, signaling a shift in market sentiment. 🔄 Bearish RetestThe price attempted a retest of the SBR (Support-Becomes-Resistance) level, which aligned with the previous range lows and got rejected-highlighting strong selling pressure at the $106,500-$107,000 zone.📌 Key Levels▪️Resistance: $106,500_$107,000 (SBR zone)▪️ Support: $104,400▪️ Target: $102,200 (potential breakdown target zone)🔮 Outlook▪️ Primary Bias: Bearish continuation toward the $102,200 target area▪️Alternate Scenario: A reclaim above the SBR level may trigger a short-term bounce or range re-entry.🔹Community Insight:If you find this analysis helpful in your trading journey, feel free to share your thoughts or questions in the comments. Let’s work together to maintain a disciplined, technical approach to the markets..▪️Follow for regular updates and trade setupsTrade running 200 pips +