Technical analysis by miljedtothemoon about Symbol BTC: Sell recommendation (23 hour ago)

BTCUSDT.P is showing potential for a short-term bearish continuation after breaking below the ascending trendline support near $105,300. The pair has lost upward momentum, indicating potential downside movement toward the $103,530 partial profit zone and the $102,039 profit level. A stop level is positioned around $107,473–$107,714, marking the invalidation area for this bearish setup. Risk Assessment: Moderate — The breakdown from trendline support favors further downside, but a sustained recovery above $105,600–$106,000 could signal a failed breakdown and shift sentiment back toward bullish consolidation.