BTCUSDT | Potential Bearish Retracement from Resistance Zone Bitcoin / TetherUSBINANCE:BTCUSDTMarketStrategysignals๐ BTCUSDT | Potential Bearish Retracement from Resistance Zone ๐ ๐ Market Overview BTCUSDT has shown strong bullish momentum after breaking above the ascending channel structure and reclaiming key market structure levels (BOS). Price is now approaching a significant resistance zone around 67,800 โ 68,500, where selling pressure could emerge. ๐ Technical Analysis โ Strong bullish impulse from the demand zone โ Break of Structure (BOS) confirms short-term bullish control โ Price currently testing a major resistance area โ Unfilled Fair Value Gap (FVG) remains below current price โ Nearby Order Block (OB) may act as a magnet for price retracement ๐ฏ Key Scenario If BTC fails to secure a clean breakout above the resistance zone, a corrective move toward the 64,700 โ 64,000 demand/FVG region could develop before the next directional move. โ ๏ธ Levels to Watch ๐ด Resistance: 67,800 โ 68,500 ๐ข Support: 64,700 โ 64,000 ๐ FVG Target Zone: Around 64,700 ๐ Order Block Support: Near 64,000 ๐ก Trading Insight The current setup suggests a possible liquidity sweep into resistance followed by a retracement toward the imbalance zone. Confirmation from price action and volume remains essential before considering any directional bias. โ ๏ธ This analysis reflects a market scenario, not a prediction. Always wait for confirmation and manage risk appropriately.