Technical analysis by wealthsmith23 about Symbol BTC: Sell recommendation (11/1/2025)

Price is currently retesting a descending trendline after a short-term pullback. The setup indicates bearish momentum as price approaches the supply zone (resistance area) between 110,100 – 110,750. A rejection from this zone could trigger a downward continuation toward the 106,300 region, aligning with previous liquidity levels. Bias remains bearish unless price breaks and holds above 110,800 with strong momentum.