Technical analysis by Sovereign_1 about Symbol BTC: Sell recommendation (6/18/2025)

BTC/USD Analysis Update 📈Bitcoin has rebounded successfully after touching the 103500 support level and is currently trading around 105500. However, the ongoing correction may continue to test the psychological support at the 100000 round number in the short term ⚠️.Key Points:Support Bounce 🎯: BTC found buying interest at 103500, in line with our previous strategic analysis.Immediate Resistance 📉: The current rebound faces direct resistance near 106000 (200-hour moving average).Downside Risk 📉: Failure to hold above 105000 could trigger another decline toward 100000.Risk Management:Long positions should set stop-loss below 103000 ⛔️.Short entries may consider the 106000–107000 range, targeting 102500 and 100000 ⚡️⚡️⚡️ BTCUSD ⚡️⚡️⚡️🚀 Buy@ 102500 - 103500🚀 TP 106000 - 106500🚀 Sell@ 106000 - 106500🚀 TP 103500 - 101500Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇