Bearish Retest at Resistance (BTC/USDT)Bitcoin / TetherUSBINANCE:BTCUSDTVIPFOREXCRYPTOFREESIGNALSMarket Structure Price has recently experienced a strong impulsive drop, followed by a minor consolidation phase. This consolidation is forming just below a previously established resistance zone (~66,300 – 66,500), indicating weakness as buyers fail to reclaim higher levels. Key Zones Resistance Zone: ~66,300 – 66,500 This area previously acted as support and is now functioning as resistance (support turned resistance). Multiple rejections suggest strong selling pressure. Support Zone / Target Area: ~64,800 – 65,000 This is the next key demand zone where price is likely to react. Trade Setup Insight The chart suggests a bearish retest scenario: price pulls back into resistance before continuing downward. The projected move (blue arrow) aligns with a typical continuation pattern, where sellers re-enter at resistance. Momentum & Price Action Candlestick behavior shows weak bullish attempts with small-bodied candles and wicks near resistance. Lack of strong bullish follow-through indicates low buying strength. Bearish momentum remains dominant unless a strong breakout above resistance occurs. Conclusion As long as price remains below the 66,500 resistance, the bias stays bearish, with a high probability of continuation toward the 65,000 support zone. A confirmed rejection from resistance would further validate the downside move.