$BTC Signal】Pullback confirmation, 1H level charging up and ready to go


$BTC The 1H level price is oscillating narrowly between EMA20 and EMA50, trading volume has shrunk to a freezing point. The middle band of the 4H Bollinger Bands at 75584 forms a key support, buy order depth is unbalanced -20.58%, and short orders are clearly dominant, but the price has not effectively broken down. The 1H MACD histogram shows increasing negative values, but the signal line and price are forming a bottom divergence pattern, indicating early signs of weakening bearish momentum.

The price repeatedly tests the 75493 to 75611 zone, with the clear support line at 74262. This position offers a favorable risk-reward ratio and is worth a try.

Enter directly around the current price of 75600, or place an order at 75520 for a trap.

Stop-loss must be placed below 74262; a break below this level indicates the entire pullback structure has failed.

The first target is 78309, which is the previous high resistance zone on the 4H level. The second target is 79658, approaching the previous high pressure level on the daily chart.

After reaching the first target, cut half of the position, and move the remaining stop-loss up to the cost basis. If the price cannot hold above 76000 and falls back into the entry area, decisively exit and observe. After extreme volume contraction, markets often experience sharp volatility. The current negative funding rate also reduces the cost of holding long positions. Be patient and wait for a clear direction.

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MasterChuTheOldDemonMasterChu
· 48m ago
Chong Chong GT 🚀
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MasterChuTheOldDemonMasterChu
· 48m ago
Just charge and you're done 👊
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Shaheen69
· 2h ago
The first target is 78309, which is the previous high resistance zone on the 4H level. The second target is 79658, approaching the previous high pressure level on the daily chart
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