Technical analysis by miljedtothemoon about Symbol BTC: Buy recommendation (11/16/2025)
https://finbeet.com/message/3924085
miljedtothemoon
Rank: 33833
Analytical Power:
1.3
BTCUSDT.P - November 17, 2025
Message Type:Buy
Price at Publish Time:
$94,531.95

BTCUSDT is still in a short-term downtrend, but price is holding above the support zone around $94,300–$94,500 while the next major resistance sits near $96,500–$96,600. The chart suggests a potential rebound toward resistance if support continues to hold, but a break below $94,300 would likely send price back toward the lower support near $93,250. With a stop level around $93,250 and a target near $96,600, the setup offers a favorable reward-to-risk profile, but remains moderate-risk due to the prevailing downtrend.
Source Message: TradingView