It is clear that $BTC has reached a critical area after the recent bounce, but so far buyers have not been able to regain the uptrend. The price is currently testing the downtrend line along with the moving averages, an area that often turns into strong resistance if we don't see a clear close above it. Meanwhile, the overall structure still shows lower highs and lower lows, keeping selling pressure intact. If this area continues to reject the price, it may just be a retest of resistance before continuing the decline towards lower liquidity levels. Key levels: 📍 Watch zone: current downtrend resistance. 🎯 First target: $60,769 🎯 Second target: $59,281 🎯 Third target: $57,919 ❌ This scenario is invalidated if the price manages to close firmly above the downtrend line and reclaim the moving averages, as that would indicate a shift in momentum in favor of buyers. BTCUSDT Perpetual 62,937.7 +1.21%#BTC $BTC ‌