BTCUSDT Rejected at Resistance

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BTCUSDT Rejected at ResistanceBitcoin / TetherUSBINANCE:BTCUSDTAlexfxclubBTCUSDT is trading inside a key resistance zone after recovering from recent lows. Price has failed to break above the highlighted resistance area around 64,200–64,300, while a stronger supply zone remains overhead near 64,500–64,650. This confluence increases the probability of a bearish rejection if buyers cannot sustain momentum. As long as price remains below the resistance zone, sellers may regain control and push BTC toward the first support at 63,865. A confirmed breakdown below this level could accelerate bearish momentum toward the next major support around 63,546. A clean breakout and hourly close above the major resistance would invalidate the bearish outlook and could open the door for further upside. Until then, the current structure favors a pullback from resistance. 📉 Bearish Scenario: Resistance: 64,200–64,300 Major Resistance: 64,500–64,650 Target 1: 63,865 Target 2: 63,546 Trade Idea: Watch for bearish confirmation (rejection candles or lower highs) within the resistance zone before considering short positions. Risk management remains essential in case of a bullish breakout.