Technical analysis by Ibrahim_Trade786 about Symbol BTC: Sell recommendation (7/24/2025)

BTCUSDT Analysis BTCUSDT is exhibiting a clear bearish bias, with the price action unfolding within a descending channel. The recent breakdown below the support level has triggered a sell-off, with the blue arrow indicating a potential further decline towards the green box area around $115,622.82. The resistance zone at $118,400.00 - $119,285.71 remains a key level to watch, as a failure to break above this zone could lead to continued selling pressure. Conversely, a sustained break above this zone could signal a potential reversal. Traders should remain vigilant and adjust their strategies accordingly, with a focus on risk management and capital preservation. Boost Like this analysis? Give it a boost and share your thoughts with the community! Comment What's your take on the current BTCUSDT price action? Do you think it will continue to decline or bounce back? Share your analysis and let's discuss!"