BTCUSD Technical Analysis | Support & Resistance SetupBitcoin / TetherUSBINANCE:BTCUSDTGOL_DPROFESSOR-SMCMarket Structure: BTCUSD remains in a short-term bearish trend, but the recent decline has reached a key support zone where buying interest may emerge. Price is currently consolidating, suggesting the market is waiting for a breakout before the next major move. Resistance Analysis Resistance 1: 64,800 – First supply zone where sellers may return. Resistance 2: 66,000 – Major resistance. A break above this level would strengthen bullish momentum and signal a possible trend reversal. Support Analysis Support 1: 63,000 – Immediate support. Holding above this level keeps the market in a neutral range. Support 2: 62,000 – Strong demand zone. A break below it would confirm continued bearish pressure. Technical Outlook Price is trading between support and resistance, creating a neutral consolidation. The next move depends on which level breaks first: Bullish breakout: Above 64,800 → Targets 66,000 and higher. Bearish breakdown: Below 63,000 → Targets 62,000 then lower support. Trading Plan Wait for a confirmed breakout or breakdown before entering. Avoid trading inside the consolidation range. Use stop-loss beyond the broken support or resistance to manage risk. Conclusion: BTCUSD is currently in a neutral consolidation after a bearish impulse. Support is holding for now, but resistance remains strong. A confirmed breakout above resistance or breakdown below support will likely determine the next trending