BTCUSDT the ''99k, door a corridor to $75,000 🔻 BTC/USDT Sell Zone 🔻
📉 Entry: 93,000
🎯 Take Profit Targets:
✅ TP1: 90,000
✅ TP2: 85,000
✅ TP3: 80,000
✅ TP4: 73,000 (Final Target)
📍 Target: 73,000
📊 Timeframe: D1 (Daily Chart)
⚠ Risk management advised. Set SL accordingly.
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Let me know if you need any tweaks! A sell zone around $93,000 on the BTC/USDT D1 chart suggests you're expecting resistance or a reversal near that level. Here are some key factors to consider:
Confirmation Signals for a Sell at $93K:
1. Key Resistance: Check if $93K aligns with previous supply zones, Fibonacci levels, or trendline resistance.
2. Overbought Conditions: RSI above 70 or divergence could confirm a potential reversal.
3. Volume Analysis: Weak buying momentum or large sell orders appearing in order books.
4. Candlestick Patterns: Look for bearish engulfing, shooting star, or other reversal signals.
5. Moving Averages: If price is extended far above key MAs (e.g., 50D, 200D), it could indicate a pullback.
Potential Sell Scenarios:
Rejection at $93K: A strong bearish reaction could confirm the level.
Fakeout & Reversal: Price wicks above but closes below on high timeframes.
Breakout & Retest: If $93K is broken, wait for a retest and rejection to confirm weakness.
Are you targeting a specific downside level after rejection, like $85K or $80K?
