Technical analysis by DollarsMagnet about Symbol BTC: Sell recommendation (5/28/2025)

📊 Technical Analysis Overview:BTCUSD recently formed a new All-Time High at 111,900, but is now showing signs of weakness.Price has broken below the ascending trendline with a strong bearish candle, indicating a potential trend reversal or deeper correction.We’re currently watching for a clean breakdown of the nearby demand zone. If this breaks, the move may accelerate.A bearish order block is developing, adding further confluence to the downside.Immediate support rests at 104,800, with further downside potential if price breaches this level.📉 Bearish Target / Support Levels:- 104,800 (near-term support)- 97,600 (previous structure zone)- 87,200 (major demand retest area)- 74,800 (200 EMA & historical support)🔔 Stay alert for a confirmed breakdown and retest for short opportunities.👍 Like, comment, and follow for more high-quality forecasts and setups.Best regards,💰 DollarsMagnet🟠 BTCUSD Breakdown – Target Hit!As forecasted, BTCUSD confirmed a strong bearish breakout from the trendline around 108,000, followed by a textbook retracement back to retest the structure.From there, price continued its drop, hitting our first target at 104,800 — a clean and calculated move. ✅📉 Congrats to everyone who caught this setup — precision pays.Stay tuned for the next wave!