Bitcoin Buyers Step In at Support, Upside Target Remains Active

Hello traders! Here’s my technical outlook based on the current BTCUSDT (2H) chart structure. BTCUSDT experienced a strong bearish decline after breaking down from a major support area and remained under pressure beneath a long-term descending resistance line. After forming a local bottom, price recovered and traded inside an ascending channel, where buyers gradually regained control. Currently, BTCUSDT is trading above the 61,800 Buyer Zone while remaining below the 64,300 Seller Zone. The latest pullback found support inside the demand area, and price is now attempting to stabilize after rejecting lower levels. As long as BTCUSDT remains above the 61,800 Buyer Zone and continues to respect the rising support structure, the bullish scenario remains valid. A bounce from current levels could push price toward the 64,300 Resistance Zone (TP1), where sellers may become active again. Please share this idea with your friends and click “Boost” 🚀

Transaction en cours

We see that the support line is still holding. However, sellers are not reducing the pressure. I hope that the price will maintain its upward movement!

Trade fermée manuellement

The Bitcoin price broke the support we defined, so the scenario is canceled!

LegionQ8

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LegionQ8

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