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【$BTC Signal】Short continuation, 1H selling pressure dominant
$BTC RSI 1H dropped to 36.35, MACD death cross expanded, price deviated from EMA20. The 4H Bollinger lower band is at 59275, sell orders continue to suppress, current order book depth is bearish.
🎯Direction: short
⚡Entry/Pending order: 59481.02 - 59660.00
🛑Stop Loss: 60256.60
🚀Target 1: 58765.10
🚀Target 2: 58317.65
🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price drops back to entry, exit automatically to protect capital.
1H consecutive bearish candles, weak buying support, bearish funds continue to dominate. Under this structure, bounces are short opportunities, patiently wait for a pullback confirmation.
View real-time quotes 👇 $BTC
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