BTCUSDT Short: Rejected at 67,000 - Retest 64,500 Demand Zone

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BTCUSDT Short: Rejected at 67,000 - Retest 64,500 Demand ZoneBitcoin / TetherUSBINANCE:BTCUSDTheniitradingHello traders! Here’s my technical outlook based on the current BTCUSDT (1H) chart structure. BTCUSDT remains inside an ascending channel, keeping the broader bullish structure intact. After a fake breakout below the 64,500 Demand Zone, buyers regained control and pushed price toward the 67,000 Supply Zone, where sellers reacted. Currently, BTCUSDT is trading above the 64,500 Demand Zone while remaining below the 67,000 Supply Zone. The recent rejection from the upper channel boundary increases the likelihood of a pullback. As long as BTCUSDT stays below the 67,000 Supply Zone, a correction toward the 64,500 Demand Zone (TP1) remains the preferred scenario. However, a breakout above 67,000 and channel resistance would strengthen bullish momentum and signal another leg higher. Manage your risk!