BTCUSD TRADE IDEA

BTCUSD (H1)

• Bias: Bearish below 64,400 resistance.
• Key Resistance: 64,400 – 64,550.
• Key Support: 64,160, then 62,500.
• Price is rejecting the resistance zone after a strong rally, suggesting sellers are defending this level.
• A confirmed H1 close below 64,160 increases the probability of a move toward 62,500.
• If price breaks and closes above 64,550, the bearish setup is invalidated and buyers may regain control.

Trade Idea:
Sell below 64,160 after confirmation.
Targets: 63,500 → 62,500.
Stop Loss: Above 64,550.