$BTC /USDT – Bearish Correction Ahead
Market Overview:
$BTC/USDT is showing signs of a short-term bearish move after failing to sustain above the $65,000 resistance. The price has pulled back from the 24h high of $65,194.51 to the current level around $64,253.89, forming lower highs and approaching key support zones. Volume remains moderate at 28,037 BTC, indicating cautious market participation.
Trade Setup (Long Signal – Countertrend/Recovery Opportunity):
Entry Range: $63,800 – $64,200
Target 1: $65,000
Target 2: $65,800
Target 3: $66,500
Stop Loss (SL): $62,500
Key Levels:
Support: $62,500, $63,400
Resistance: $65,000, $66,000, $67,000