Analysis of the BTCUSDT Chart 📊

Break of Structure (BOS) 📉

Several BOS points indicate shifts in market sentiment. Recently, the price broke downwards, signaling bearish momentum.

Supply and Demand Zones 🏦

• Supply Zone (Red): Around $62,200 to $63,191, where selling pressure is expected. Price may struggle to break through here.

• Demand Zone (Green): Around $60,400, where buying pressure could cause an upward reversal.

Price Action 📈

A potential bullish move toward the Supply Zone is likely, but resistance may lead to a reversal. The yellow line at $59,300 marks the invalidation level—if breached, bearish momentum may continue.

Key Levels to Watch:

• Supply: $62,200–$63,200

• Demand: $60,400

• Invalidation: $59,300

Expect a short-term rally before resistance kicks in.

$BTC

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