$BTC /USDT has pulled back sharply to the 70,400–70,500 support zone, after a recent high near 73,000–73,500. Despite the -5.9% drop, price is holding a key demand area, showing early signs of stabilization and renewed buying interest.

The pullback looks corrective rather than bearish, and as long as BTC stays above 70,000–70,200, bulls remain in control. Momentum is stabilizing, improving the probability of a healthy rebound continuation.

Trade Setup (Long):

Entry: 70,400 – 70,500

Target 1: 71,500 – 71,900

Target 2: 72,500 – 72,800

Target 3: 73,500+

Stop Loss: 69,000