Technical analysis by ZareeFxTradingAac about Symbol BTC: Sell recommendation (9/4/2025)

🔹 Resistance Zone (📈💎) The chart highlights a robust resistance band around 113,000–113,500 USDT. Price has repeatedly failed to sustain above this ceiling, showing strong selling pressure at the top of the range. 🔹 Support Zone (🛡️📉) Well-defined support sits near 107,000–107,500 USDT, where buyers previously defended the level multiple times, leading to rebounds. 🔹 Current Price Action (⚡🧐) Recent rally tested resistance and was firmly rejected, forming a bearish engulfing structure on the latest candles. The dotted red line at 111,499 USDT indicates the short entry trigger; projected target is toward the lower support zone. Stop-loss marked just above resistance (~113,493 USDT) suggests a clear risk-to-reward framework. 🔹 Bearish Scenario (🚨🐻) If downward momentum holds, price may follow the plotted white arrow toward the 107k region. A break below could open room for further weakness. 🔹 Bullish Contingency (🚀🐂) Reclaiming and closing decisively above 113,500 USDT would invalidate the short setup, signaling renewed upward momentum. 📌 Summary (📝) Market shows rejection at resistance with sellers gaining control. The risk-reward favors a short toward strong support near 107k, unless buyers retake the 113k+ zone.