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Technical analysis by Kene247 about Symbol BTC: Sell recommendation (6/4/2025)

https://sahmeto.com/message/3580267
Kene247
Kene247
Rank: 276
3.2
Sell،Technical،Kene247

BTCUSDT seems to be running out of steam after its bullish rally last month. A decent retracement is needed to enable gain some momentum for further bullish move.Having broken out of the bullish trendline and also a minor support zone, BTCUSDT has retested this zone, hence making it a resistance zone. It is expected to drop to 99k zone as the first target and if it does not hold, then a drop to 91k zone should be expected.Kindly support this analysis to enable it reach to other people, and do comment your thoughts.https://www.tradingview.com/x/t3jOVwGL/

Translated from: English
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Signal Type: Sell
Time Frame:
8 ساعت
Price at Publish Time:
$105,352.46
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