BTCUSDT: Bullish momentum returns - A recovery is underway!Bitcoin / TetherUSBINANCE:BTCUSDTDomicChainaBTCUSDT is still fluctuating within a bearish channel, but the 62,950–63,400 zone has consistently absorbed selling pressure and shows no signs of a decisive breakdown. In my view, recent "long-tail" candles indicate that buyers remain active in defending the lower price levels. The price has reclaimed the EMA cluster around 64,000–64,200 but is currently positioned in the middle of the channel range, making it not yet an optimal entry point. Once buying momentum is confirmed, the price could continue to recover toward 64,800, then aim for the key resistance zone of 65,200–65,600 near the channel's upper boundary. My Recommended Scenario Buy observation zone: 62,950–63,400 Confirmation condition: H1 candle rallies to reclaim 63,800–64,000 Near-term target: 64,800 Main target: 65,200–65,600 Invalidation: Clear H1 close below 62,800