Technical analysis by samee_tehreek about Symbol BTC: Sell recommendation (6/2/2025)

BTC/USDT 4-Hour Technical Analysis – June 2, 2025The current BTC/USDT chart shows a clear downtrend pattern on the 4-hour timeframe. Price action has been forming lower highs and lower lows, indicating sustained bearish momentum. This is further supported by the RSI Divergence Indicator, which is showing bearish signals, confirming potential further downside.A sell stop entry is marked at $105,795, suggesting a short position to be triggered only if the market continues downward and breaks support.The trade setup includes:Stop Loss (SL): $108,807 – just above recent highs to protect against unexpected reversals.Take Profit 1 (TP1): $102,813 – aligning with a previous minor support zone.Take Profit 2 (TP2): $99,985 – targeting a deeper move in the current bearish wave.The RSI is hovering around 48.39, which still leaves room for more downside before reaching oversold territory, supporting the bearish outlook.In summary, this setup reflects a continuation of the downward trend, with tight risk management and profit levels that align with historical price zones. Traders are advised to watch for confirmation of the sell trigger before entering.