BTCUSDT: Ready for Another Push Higher? 66K Resistance in Sight

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BTCUSDT: Ready for Another Push Higher? 66K Resistance in SightBitcoin / TetherUSBINANCE:BTCUSDTRatnerHello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTCUSDT previously traded inside a well-defined descending channel, where sellers dominated the market and pushed price steadily lower. After breaking below several key support levels, the decline accelerated before buyers finally stepped in near the local bottom and triggered a strong recovery. Currently, BTCUSDT is trading above the 63,600 Support Zone while remaining below the 66,000 Resistance Zone. Following the breakout from the descending channel, price formed an ascending channel and continues to print higher lows, signaling that bullish momentum remains intact. The latest pullback found support near the lower boundary of the channel, where buyers are attempting to regain control. My Scenario & Strategy As long as BTCUSDT remains above the 63,600 Support Zone and continues to respect the ascending channel structure, the bullish scenario remains valid. A bounce from current levels could push price toward the 66,000 Resistance Zone (TP1). However, a breakdown below the support zone and channel support would weaken the bullish outlook and increase the risk of a deeper correction. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.