BTCUSD | Demand Zone Retest With Bullish Recovery Scenario
BTCUSD has delivered a strong impulsive move from the highlighted buyer area and is now holding above an important support region. The recent rally suggests that buyers have regained short-term momentum, while the previous resistance area is now becoming the first key level to watch.
As long as price continues to respect the demand zone and prints higher lows, the overall structure may remain constructive. A healthy pullback into support could provide another opportunity for buyers to defend the trend before attempting another move higher.
Trade Idea (Personal Analysis):
Bias: Bullish while above support
Entry Zone: Around the highlighted demand area after bullish confirmation
Target 1: 63,800
Target 2: 64,200
Target 3: 64,600
Final Target: 64,900–65,000
Invalidation: A sustained move below the demand zone may weaken this outlook.
This analysis reflects my interpretation of price action and market structure. Always wait for confirmation and manage risk according to your own trading plan.