btcusd h1 analysis

BTCUSD H1 Analysis 📊

Price is recovering after a sharp bearish move inside the descending channel.

A bullish correction is developing from the support zone, with buyers targeting the 74,400 – 75,200 resistance area.

🔹 Support: 72,786

🔹 Resistance: 74,400 – 75,200

🔹 Bias: Bullish recovery while above support

A breakout above the channel could trigger stronger upside momentum in the short term.