BTCUSD - Ascending Channel Support Buy Setup (4H TimeFrame) LONG

Price is currently respecting a well-defined ascending channel and approaching a strong confluence support zone.

Key Observations:

Price tapped the lower boundary of the

channel

Strong horizontal support zone around 65.2k-66k

Signs of rejection and potential bullish reaction

Trade Plan:

Entry: Around current support zone Stop Loss: Below 65.2k (structure low) Target: 71.7k resistance zone / channel mid-high

Bias: Bullish as long as support holds

If price breaks below support → setup invalid

Confluence Factors:

Ascending trendline support Horizontal demand zone Market structure holding higher lows #StrategyBTCPurchase #DriftProtocolExploited #AnthropicBansOpenClawFromClaude #DriftProtocolExploited $BTC

BTC
BTCUSDT
74,589.9
+1.13%

$ETH

ETH
ETHUSDT
2,335.96
+0.81%

$BNB

BNB
BNBUSDT
622.49
+1.81%