Technical analysis by DRAGONEAGLE_FX about Symbol BTC: Sell recommendation (10/20/2025)

Chart Overview Timeframe: 1-hour (H1) Indicator Used: Ichimoku Cloud Current Price: ≈ $110,828 Trendline: Uptrend support line (green) now being tested Technical Insight Price recently made a strong bullish rally, but is now stalling near resistance around $111,000–$111,200. The candles show loss of bullish momentum — indicating potential for a pullback. The Ichimoku Cloud (Kumo) below acts as a possible support area — once broken, it may confirm a short-term trend reversal. Bearish Setup A break below the trendline could trigger a downside correction. 1st Target: Around $108,900–$108,000 — aligns with the top of the Kumo and prior consolidation zone. 2nd Target: Around $106,500–$106,000 — strong support zone and lower Kumo boundary. Summary Bias: Short-term bearish (correction phase). Confirmation: Wait for candle closure below trendline and Tenkan-sen. Stop-loss: Above $111,200 (recent high). Risk-Reward: Approximately 1:2 or better.Both of my given target one of them has been successfully achieved