BTCUSDT Short: Faces Supply Resistance – Is Another Drop Coming?Bitcoin / TetherUSBINANCE:BTCUSDTheniitradingHello traders! Here’s my technical outlook based on the current BTCUSDT (4H) chart structure. BTCUSDT previously traded inside a well-defined descending channel, where sellers controlled the trend after a major pivot high. Following a bearish breakout below the channel, price dropped sharply and found support near the 62,000 Demand Zone, triggering a recovery phase. Currently, BTCUSDT is trading below the 65,000 Supply Zone while respecting a rising demand trendline. Recent attempts to break above the supply area have failed, showing that sellers remain active around resistance. As long as BTCUSDT remains below the 65,000 Supply Zone and the descending supply line, the bearish scenario remains valid. A rejection from current levels could push price back toward the 62,000 Demand Zone (TP1). Manage your risk!