On the BTCUSD M5 chart the market has forged a rapid rally from the low‑63000s to the mid‑63700s, but the latest 5‑minute bar closed below its opening price, forming a modest bearish candle with a short upper wick. Volume has tapered sharply after a burst of activity earlier in the session, indicating that buying pressure is evaporating while sellers are regaining control. The high around 63750 now acts as a clear resistance, and the prior swing low near 62875 provides a strong support zone that aligns with the proposed TP. With momentum waning and the price testing the resistance on…

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