BTCUSD TRADE IDEA

BTCUSD (H1) –

  • Bias: Bearish below 63,020 resistance.
  • Current Zone: Price is testing the 62,400–62,600 support area.
  • Sell Scenario: A confirmed H1 candle close below 62,400 could trigger further downside toward 61,550.
  • Bullish Invalidation: If price reclaims and closes above 63,020, buyers may target 64,170 resistance.
  • Key Levels:
    • Resistance: 63,020 → 64,170
    • Support: 62,400 → 61,550

Outlook: Short-term momentum favors sellers unless BTC breaks and holds above 63,020.

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