BTCUSDT – 1H Timeframe | Bearish Retest Setup
BTCUSDT is currently trading below a previously broken support zone, which has now turned into resistance. The recent recovery appears to be a retest of the supply area around 62,800 – 63,000, where sellers have already shown strong reaction.
The chart also highlights a false breakout sequence inside the rising channel, followed by a confirmed downside break. Price is now struggling to reclaim the broken structure, suggesting that bearish momentum remains dominant unless buyers can achieve a sustained close above the resistance zone.
Key Levels:
Resistance Zone: 62,800 – 63,000
Current Support: 61,700 – 62,200
Target 1: 60,800 – 60,500
Target 2: 59,800 – 59,500
Technical View:
Market structure remains bearish below resistance.
Previous support has flipped into resistance.
Lower highs and lower lows continue to develop.
Rejection from the supply zone could lead to further downside pressure.
Trading Scenario: As long as price remains below the highlighted resistance area, the market may continue testing lower support levels. A confirmed rejection from resistance could increase the probability of a move toward the marked target zones. However, a strong breakout and acceptance above resistance would weaken the bearish outlook and suggest a potential trend shift.
BTCUSDT is currently trading below a previously broken support zone, which has now turned into resistance. The recent recovery appears to be a retest of the supply area around 62,800 – 63,000, where sellers have already shown strong reaction.
The chart also highlights a false breakout sequence inside the rising channel, followed by a confirmed downside break. Price is now struggling to reclaim the broken structure, suggesting that bearish momentum remains dominant unless buyers can achieve a sustained close above the resistance zone.
Key Levels:
Resistance Zone: 62,800 – 63,000
Current Support: 61,700 – 62,200
Target 1: 60,800 – 60,500
Target 2: 59,800 – 59,500
Technical View:
Market structure remains bearish below resistance.
Previous support has flipped into resistance.
Lower highs and lower lows continue to develop.
Rejection from the supply zone could lead to further downside pressure.
Trading Scenario: As long as price remains below the highlighted resistance area, the market may continue testing lower support levels. A confirmed rejection from resistance could increase the probability of a move toward the marked target zones. However, a strong breakout and acceptance above resistance would weaken the bearish outlook and suggest a potential trend shift.
Transaction en cours
active Note
Trade fermée: cible de profit atteinte
all target done 
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📲 Join telegram channel free .
t.me/+qadmwVgSboQwMjc8
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
t.me/+qadmwVgSboQwMjc8
Gold Signal's with proper TP & SL for high profit opportunities.
t.me/+qadmwVgSboQwMjc8
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
t.me/+qadmwVgSboQwMjc8
Gold Signal's with proper TP & SL for high profit opportunities.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.