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Technical analysis by wolf_king888 about Symbol BTC: Sell recommendation (10/29/2025)

https://sahmeto.com/message/3881499
wolf_king888
wolf_king888
Rank: 33312
1.3

واکنش به تصمیم FOMC: تحلیل بازار و سطوح حمایتی مهم

:Sell
Price at Publish Time:
$112,663.3
Sell،Technical،wolf_king888

📊How should we respond to the FOMC? 🧠Yesterday, we failed to break through the gray resistance zone (S/R), instead forming a double-top bearish structure in this area. Therefore, our long position opened at the 4-hour neckline support has already hit our cost price and been closed. After a pullback, it tested the 1-hour neckline support and the black descending trendline, and a rebound occurred, but we didn't see a strong upward move, so we closed our long position here as well. ➡️The expectation of a rate cut has already been priced in during the upward movement, so we should be wary of (sell the news)! ➡️If we cannot hold the current support, then we need to be wary of a deeper pullback. The next support level to watch is around 109000, and the extreme support level to watch is the bulls' defense point (106621). Let's see 👀 🤜If you like my analysis, please like 💖 and share 💬 BTCUSDT.P

Source Message: TradingView
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