Technical analysis by Chetan_alpha about Symbol BTC: Buy recommendation (5/30/2025)

### 📉 BTC/USDT Trade Analysis – Structure, Zones & Psychology #### ⛳ **Chart Timeframe:** 1 Hour #### 📍 Asset: Bitcoin (BTC) / USDT #### 📊 Platform: Binance (as shown on TradingView) --- ### 🔴 **Selling Zones (Marked in Red):** 1. **Upper Selling Zone (\~107,500 – 108,500)** * This zone previously acted as a **supply region**, where sellers dominated. * Price was **rejected sharply** from this area—indicating heavy distribution. 2. **Lower Selling Zone (\~105,500 – 106,300)** * Recent breakdown confirms this as a **minor supply zone** now. * Any retest here can be an opportunity to go short with tight risk. --- ### 🟢 **Buying Zone (Marked in Green): \~102,500 – 103,300** * This is a **high probability demand zone** where price has previously reversed. * Buyers are expected to be active here; **bounce/reversal potential is high**. * Good RR setup if price drops and forms bullish confirmation here. --- ### 🔍 **Current Price Action (as of screenshot):** * Price is trading around **₹103,730**, heading **toward the Buying Zone**. * **Recent breakdown** from lower selling zone confirms bearish pressure. * **Next key decision point:** Buying zone – either a bounce or further breakdown. --- ### 🧠 **Key Trading Psychology Notes:** * **Selling zones** represent **fear of missing out (FOMO) exits** or institutional short entries. * **Buying zones** are where **smart money accumulates** after panic sells. * Avoid chasing moves—**wait for price to come to your planned level** and confirm structure. --- ### 📌 **Strategy Tip:** > "Let the market come to your level, don’t go chasing trades. Plan → Wait → Execute."