$BITCOIN just hit a sharp local drop, touching $63,652 before bouncing back around the key $64,000 psychological barrier.
🔍 What the Chart is Showing Us:
Bearish Pressure: $BTC broke below the SuperTrend ($64,390) on the 15m timeframe, pushing prices underneath the key moving averages.
Oversold Bounce? The MACD momentum is showing early signs of a bullish crossover near the bottom zone, while buy orders are trying to defend the $64k level.
Order Book Sentiment: Currently, depth shows 87% Ask volume, indicating sellers are active overhead, but buyers are absorbing the immediate dip around $63.6k–$64k.
💡 Key Levels to Watch:
🔴 Resistance: $64,390 – $64,897 (SuperTrend & MA99 confluence)
🟢 Immediate Support: $63,652 (Recent Swing Low)
Are the bulls ready to reclaim $64.5k, or are we going to test lower support levels first? 🤔
Drop your target below! 👇
🔴 Re-test $63K?
🟢 Back to $65K+?
#Bitcoin #BTC #cryptotrading #TechnicalAnalysis #BinanceSquare