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Technical analysis by Daffapouuse about Symbol BTC: Sell recommendation (9/16/2025)

https://sahmeto.com/message/3776441
Daffapouuse
Daffapouuse
Rank: 2663
2.1
Sell،Technical،Daffapouuse

Bitcoin is currently facing pressure from a significant supply zone. After testing the area, price showed a strong rejection, highlighting seller dominance at these levels. The broader structure remains bearish, suggesting that the recent upward moves may only be corrective retracements rather than a true trend reversal. Should rejection persist within supply, it may trigger continuation to the downside, potentially driving price toward lower key levels. On the other hand, a decisive breakout above supply would delay bearish confirmation and could allow buyers to extend the rally further. At this stage, the supply zone acts as a decisive area for the next direction, making it crucial to observe how price reacts in this region.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$115,020.86
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