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【$BTCUSDT Signal】Pullback to go long / Main force support is too obvious
$BTCUSDT 1H timeframe is supported by the lower band of the Bollinger Bands, with the price closely following the EMA20 (1H). The MACD histogram begins to converge below the zero line. On the 4-hour timeframe, the price is below the middle band of the Bollinger Bands, but after the MACD double lines form a death cross, the gap narrows, indicating weakening bearish momentum. The order book has heavy buy orders above 66,300, fully exposing the support intention of the funds.
🎯Direction: Long
⚡Entry/Order: 65911 - 66013
🛑Stop Loss: 65046
🚀Target 1: 69878
🚀Target 2: 71811
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.
Position remains stable, with no panic selling during the decline. The 1-hour RSI stabilizes around 41, not entering deep oversold territory. Combined with the negative funding rate, short-term short squeeze expectations are building. The current risk-reward ratio exceeds 4, making the odds quite favorable, worth laying in wait for a rebound.
Check real-time market 👇 $BTCUSDT
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