$BTC – At Key Support, Decision Zone Ahead

Price is sitting at the lower boundary of the channel, starting to show weakness here

Trading Plan Short BTCUSDT

Entry: 66,500

SL: 68,200

TP: 64,000 / 62,000

BTC has been moving inside a rising channel, but the recent price action is showing signs of exhaustion with lower highs forming. The bounce from support is weak, and price is struggling to reclaim short-term levels, indicating sellers are stepping in.

This area is critical. If price fails to hold the channel support and loses the 65K zone, it opens the door for a move toward 64K and lower where liquidity sits. On the other side, a strong reclaim above 68K would shift momentum back to buyers.

For now, this looks like a breakdown attempt rather than continuation.

Trade BTCUSDT here 👇

BTC
BTCUSDT
64,126.2
-0.13%