Technical analysis by wolf_king888 about Symbol BTC: Sell recommendation (8/4/2025)

📊#BTC enters neckline resistance zone⚠️ 🧠From a structural perspective, we hit the daily neckline support and began to rebound. Unfortunately, it's about $170 away from the overlapping support zone I'm focused on, and the rebound didn't establish a 1-hour bullish structure. This suggests a high probability of encountering resistance and a pullback after this rebound. Therefore, don't chase the rally at the neckline resistance zone! Only if we can break through the neckline resistance zone and stabilize for a day or so should we actively consider a bullish move. ➡️Support is clearly around 120,000. Even if it falls below this level, as long as the 4-hour closing price is above it, this support level will remain valid. Extreme support is still around 110,000! 🤜If you like my analysis, please like 💖 and share 💬 BTCUSDT.P