BTCUSDT Bullish Recovery Builds Above Key Support, Aim 77,700

Hello traders! Here’s my technical outlook based on the current BTCUSDT (2H) chart structure. BTCUSDT previously traded inside a descending channel after rejecting from the major resistance trendline. After forming a local bottom near the buyer zone, price started to recover and broke above the short-term range resistance. Currently, BTCUSDT is trading above the 76,100 buyer zone while approaching the 77,700 seller zone, which acts as the key resistance area. Price recently bounced strongly from support and continues forming higher lows, signaling that buyers are regaining momentum. As long as BTCUSDT remains above the 76,100 support zone and respects the recovery structure, the bullish scenario remains valid. A continuation higher could push price toward the 77,700 resistance zone (TP1). Please share this idea with your friends and click "Boost" 🚀

Сделка закрыта: достигнута тейк-профит цена

As we can see, there was already an impulse thanks to which we reached our target. After the correction and further, I think there will be a recovery of this level!

LegionQ8

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LegionQ8

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