Technical analysis by melikatrader94 about Symbol BTC: Sell recommendation (8/5/2025)

Hello guys! We have a clean Head & Shoulders pattern forming near a supply zone, with a nice QML (Quasimodo Level) rejection confirming the bearish bias. Price is struggling to break above 115K and has already reacted to the QML zone. If this structure holds, we could see BTC start a new bearish leg 📉, first targeting 114K, and eventually reaching the demand zone around 112.8K–113.2K. Watch for further confirmation with lower highs forming.