Technical analysis by MALBERT3468 about Symbol BTC: Sell recommendation (7/3/2025)

May be bearish .📊 Key Zones IdentifiedSupport AreaFound near 107,800 – 108,400Previously acted as resistance before the breakout, now expected to act as support.Resistance ZoneAround 109,700 – 110,500Price has touched this zone multiple times with signs of rejection wicks, suggesting potential selling pressure.📉 Bearish Setup IndicatedTrendline Break Anticipated: The ascending trendline has been tested, and a potential break is forecasted.Entry Zone: Just below 109,700 (marked on chart).Stop Loss: Clearly indicated above 110,485, above the local high (to protect from a fakeout).Target: A drop back toward the support zone (~107,800) or potentially lower, near 106,879.🔁 Market Structure InsightsPrice formed higher highs and higher lows, but now it’s consolidating near resistance.The formation suggests a potential double top or lower high if the drop continues.The blue arrow indicates a short (sell) trade opportunity after confirmation of breakdown.🧠 Key Points to Consider✅ Pros for Bearish TradeRejection in a key resistance zoneOverextended rallyRising wedge/ascending channel breakdown pattern formingClear risk-to-reward setupCongratullation guys our all target has been successfully hit around 250+PIPS in profit . ready for next setup.