Technical analysis by AlexTradeCenter about Symbol BTC: Sell recommendation (5/29/2025)

📉 BTC/USD 1H Chart Breakdown⚠ For educational purposes only — not financial advice.🔍 Bitcoin has broken below its ascending channel on the 1H timeframe, confirmed by a strong bearish engulfing candle and a Fair Value Gap (FVG) fill. Price action suggests a potential shift in momentum.📌 Key Technical Levels:🔄 Potential Sell Zone: Watching for a retracement toward 108,300 (FVG area) for possible reaction.🎯 Downside Reference Levels:106,300 → Identified demand zone103,900 → Deeper demand area102,100 → Bullish order block of interest🧠 Trading Notes:✅ Wait for confirmations — no blind entries✅ Always use risk management✅ Stick to your strategy & plan✅ This is not a signal — analyze before acting📆 Timeframe: 1H🔽 Bias: Bearish until key resistance is reclaimed🚨 Stay sharp. Markets move fast.📉BTC/USD 1H Trade Update✅ Entry Triggered: Price retraced perfectly into the FVG zone @ 108,300, and the breakdown was confirmed with a decisive move below support.🎯 Breakdown Level: 108,300 — Confirmed bearish structure shift.📥 Current Entry Active — Short position now in play, tracking toward key downside zones.📌 Watching These Technical Targets:1️⃣ 106,300 — First demand zone2️⃣ 103,900 — Secondary support area3️⃣ 102,100 — Bullish order block in view🧠 Trade Management Notes:🔒 Protect capital — use stop-loss according to your plan⏳ Let the trade breathe — structure still bearish below 108,300⚠ Not financial advice — shared for educational purposes🚀 Let’s see how price reacts at the levels. Discipline = consistency.