$BTC USDT Range Breakdown Risk with Potential Rebound From Key 62.4K Support Zone
Trade Setup: Long
Entry zone: 62,400 – 62,750
TP1: 63,300
TP2: 64,200
TP3: 65,000
SL: 61,900
BTC is currently testing a crucial demand zone around 62.4K after failing to sustain momentum above 64.2K resistance. Price is consolidating at the lower boundary of the range, where buyers are attempting to defend structure.
If this support holds, a short-term recovery toward mid-range liquidity and previous highs is likely. However, loss of this zone would shift momentum back into bearish continuation.
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