$BTC has pulled back sharply into a major support zone around $63,885, where buyers have reacted previously. The current move looks like a liquidity sweep, and as long as support holds, a relief rally toward the next resistance remains possible.
Trade Setup
Entry: $63,850 – $64,050
Target 1: $65,300
Target 2: $66,000
Target 3: $66,750
Stop Loss: $63,400
A clean hold above $63.9K could attract buyers and fuel a move back toward the $66.7K resistance. However, if $63.4K breaks decisively, bullish momentum would weaken and a deeper correction becomes more likely.
Lets go trade $BTC
Trade Setup
Entry: $63,850 – $64,050
Target 1: $65,300
Target 2: $66,000
Target 3: $66,750
Stop Loss: $63,400
A clean hold above $63.9K could attract buyers and fuel a move back toward the $66.7K resistance. However, if $63.4K breaks decisively, bullish momentum would weaken and a deeper correction becomes more likely.
Lets go trade $BTC