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

SOAM_PRO_TRADER

▪️Dear Traders and Investors,Here’s an in-depth analysis of Bitcoin designed to support your trading decisions and provide the community with clear, actionable insights.🔹 Bitcoin (BTC/USD) – 4H Chart Technical Analysis▪️ Market Structure:Bitcoin is showing a potential bearish setup after failing to hold above the ATH area. The price is currently hovering around $104,582, near a minor resistance level and a defined point of interest.▪️ Key Levels:* ATH Supply Zone: $109,000-$111,000* Minor Resistance Level:$105,500* Range Support/Breakdown Zone: $101,500-$102,000* Target Zone: $94,000-$95,000 (Demand zone for potential bull run)▪️ Price Action Insight:Price recently rejected the ATH area and pulled back into a consolidation phase. The current action near the minor resistance and point of interest suggests seller control. A clean breakdown below $101,500 could trigger a sharp move toward the $94K demand zone.▪️ Outlook:If the breakdown occurs, short setups toward the final target zone remain favorable. Conversely, reclaiming the minor resistance zone with strong volume would invalidate this bearish bias and potentially push BTC back toward the upper range.📌 Conclusion:Bearish momentum is anticipated below $102K. Traders should monitor for a breakdown confirmation to target the $94K support area. Tight risk management is essential around the minor resistance zone.🔹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 setups.from minor resistance level