BTCUSD Technical Outlook | Watching Support for a Possible Conti
After a sharp bearish impulse, BTCUSD has entered a consolidation phase around an important demand area. Price is showing signs of stabilization while attempting to establish higher lows.
The highlighted resistance zone remains the main obstacle. A clean breakout above this area could improve the short-term structure and shift momentum back toward the upside.
Market Structure
Support remains the key decision zone.
Resistance should be monitored for confirmation.
Momentum may improve if higher lows continue to develop.
Potential Targets
TP1: 63,500
TP2: 63,800
TP3: 64,000