BTC/USDT Long Setup - Strong Recovery from Support Zone

Bitcoin is showing promising bullish signals after a solid bounce from the support region. The recent price action forms a clear recovery pattern with increasing buying pressure.

Key Technical Points:

• Strong bounce from support around $60,000
  
• Formation of bullish candles with good volume
  
• Current price: $65,804
  
• Key support level: $63,500
  
• First target: $66,450
  
• Second target: $67,340 (premium zone)
  

The recent consolidation above the $63,500 support level suggests accumulation, with momentum building for potential upside continuation. Market structure remains bullish as long as price holds above the recent support zone.

• Stop loss below $62,375
  
• Risk:Reward ratio approximately 1:3
  

Remember to always use proper position sizing!📈

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