Support Retest Signals Potential Bearish PullbackBitcoin / U.S. dollarBITSTAMP:BTCUSDPhoenixFX16Price is showing signs of weakness after rejecting the highlighted supply zone, with sellers defending the recent highs. The market is currently testing a key support area near the moving averages, and a breakdown below this level could trigger further downside momentum. As long as price remains below the resistance zone, the bearish correction scenario remains valid. A move toward 63,008 is possible, while extended selling pressure could push the market toward the 61,923 support level. Traders should monitor price action closely around current support, as it may determine the next directional move. 📉🎯