On the BTCUSD M15 chart the market has entered a clear down‑trend after a short‑lived rally that peaked near 63980. The last three candles closed below the 63000‑63050 zone, forming lower lows and lower closes while volume has thinned, indicating diminishing buying pressure. The break of the 63050 support line was accompanied by modest volume, confirming the bearish breakout. With the price now trading around 63400 and the 63000‑63050 area acting as a new resistance, a sell order is well‑placed. The stop‑loss sits above the recent swing high, protecting against a false breakout, while the profit target aligns with the…

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