BTCUSDT is trading under strong selling pressure after failing to hold above the 63,000 support zone, confirming that bearish momentum is still dominating the market. Multiple rejections from the nearby resistance areas show that buyers are struggling to regain control, while sellers continue to defend higher price levels.

As long as price remains below 63,000–64,000, the probability favors another leg lower toward the next major support zones. A decisive breakdown below the current support could accelerate selling pressure and open the door for a move into the 61,700 area, followed by the 60,700 support level.

📌 SELL SETUP

🔴 1st Target: 61,700
🔴 2nd Target: 60,700
🟢 Resistance Zone: 63,900 – 64,100

✅ Technical Perspective:
The repeated rejection from resistance, lower highs, and failure to reclaim key support indicate that sellers remain in control. Unless buyers recover above the resistance zone, downside pressure is expected to continue.

⚠️ Disclaimer: This analysis is for educational purposes only. Always use proper risk management before entering any trade.