$BTC Signal】Pullback Long + 1H Rebound Confirmation



$BTC The 1H timeframe has entered a consolidation phase after a strong rally, with the price currently retracing to test the EMA20 for support. The 4H timeframe has formed three consecutive bullish candles, indicating a shift from weak to strong trend. However, the current price is far from the optimal entry zone, so chasing highs is not advisable. Be patient and wait for a second entry opportunity after the pullback.

🎯Direction: Long (Pullback Pending Order)

⚡Entry/Order: 67,308.2 - 67,703.7

🛑Stop Loss: 67,703.7

🚀Target 1: 66,517.3

🚀Target 2: 66,121.8

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss to the entry average price. If the price fails to stabilize and directly breaks below the stop loss, exit unconditionally.

(Depth Logic: Over the past 4 hours, the price broke out with increased volume, and open interest remained stable, indicating it’s not purely a short squeeze but shows signs of institutional support. The 1H RSI is in a healthy zone without overbought conditions, leaving room for further upside. Currently, there is a buildup of sell orders on the order book, but buy orders are concentrated below, making the pullback an opportunity.)

View real-time market 👇 $BTC

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