Signal BTCUSD Sell — M5 - July 15, 2026 19:58 GMT-4
On the BTCUSD M5 chart, the market has been trading in a descending channel since the 64848 high. The last three candles show a clear pull‑back from the recent resistance zone (≈64830‑64850) into the 64580‑64600 range, with declining volume as price retreated, suggesting weakening buying pressure. Earlier bullish spikes around 64848 were backed by unusually high volume (over 1,000 contracts), but the subsequent lack of volume on the down‑move indicates that the rally lacked conviction. The 64583‑64590 area now acts as a short‑term support, while the 64830 resistance remains intact. A break below the 64580 low would expose the next…