Technical analysis by JustinNorok about Symbol BTC: Sell recommendation (8/30/2025)

Bitcoin has broken down from the ascending trendline and is now trading below the 110,230 resistance zone. This confirms weakness in the bullish momentum and gives sellers an edge in the short to medium term. Current Market Structure Price failed to sustain above the key resistance zone. Clear bearish momentum after the breakdown. Lower highs forming → Indicating strong selling pressure. Key Levels to Watch Resistance: 110,230 (major barrier for bulls) Support Zones 106,380 → first short-term target 102,899 → mid-term support 99,650 → major support zone & potential reversal area Trading Setup As long as BTC stays below 110,230, bias remains bearish. Expect possible retest of resistance before continuation lower. Short positions favored on rejection signals near resistance. Bulls need a strong break & close above 110,230 to flip the structure bullish again. Strategy Notes Watch for pullbacks into resistance for better entries. Scale profits around each support zone. Maintain proper risk management—market remains volatile.