$BTC Signal】Pullback to go long, 1H timeframe charging up for launch


$BTC The 1H timeframe repeatedly tests near EMA20, buying depth clearly outperforms selling, capital support intentions are exposed. Although the 4H MACD shows a death cross, the price has not effectively broken below the key moving average cluster, indicating bearish momentum is exhausted. Open interest remains stable, and in a negative fee environment, the price stays firm, which is a typical precursor to a short squeeze structure.

🎯Direction: Long

⚡Entry/Order: Enter directly around 71617.4

🛑Stop loss: 71279.0

🚀Target 1: 72294.4

🚀Target 2: 72632.9

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

Order book depth shows sell orders stacking above 71806, but below 71800 to 71700, buy orders are sufficiently thick, quickly absorbing selling pressure. The 1H RSI is neutral to slightly strong, not entering overbought territory, with ample upward space. The current risk-reward ratio is close to 1:1, risk is controllable, and the key is whether the price can hold above the 1H Bollinger middle band.

Check real-time market 👇 $BTC
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate上线Pre-IPOs #加密市场回升 #原油小幅上涨
BTC1.54%
ETH0.62%
SOL1.45%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments