Technical analysis by melikatrader94 about Symbol BTC: Sell recommendation (11/29/2025)

Hi! It looks like price recently formed a pretty clean Head & Shoulders pattern on the 15m timeframe. The left shoulder, head, and right shoulder are all well-defined, and price has already broken beneath the neckline with a clear shift in structure. Momentum is leaning bearish. The chart also shows a large supply zone above (the red area), which rejected price strongly adding confluence that the top may be in for now. The projections on the chart make sense: if the neckline continues to hold as resistance, we could see a move down toward the blue demand zone around 88.7k–89k. That’s the next major liquidity pool and likely where buyers might step in again. Unless price reclaims the neckline with strength, the bias stays short-term bearish with continuation lower.