$BTC Signal: Bearish continuation, 1H MACD converging waiting for breakout


$BTC RSI 1H dropped to 37.88, 4H MACD histogram -156, bearish momentum continues to spread. 1H Bollinger lower band around 62452 sees sparse buying, depth imbalance 6.5%, seller-dominated pattern unchanged. 4H EMA20/50 death cross widening, rebound weak.
🎯Direction: Short
⚡Entry/Limit order: 62417.085 - 62604.900
🛑Stop Loss: 64003.586
🚀Target 1: 60506.872
🚀Target 2: 59457.857
🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically to protect capital.
Current price hugs the lower band; if rebound fails to touch above 63000, bears will accelerate. 1H RSI bottoming out, not suitable for bottom-fishing in short term.
View real-time quotes 👇 $BTC
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