$BTC Signal】Bullish continuation but waiting for a pullback confirmation


$BTC Current price is 82400.4, 1H MACD histogram has three consecutive expanding bars, indicating bullish momentum has not yet exhausted. Buy order depth is as high as 11.25 times, showing a clear capital support intention. But RSI hits 69.79, approaching overbought territory, with the 4H Bollinger upper band at 82832 acting as resistance.
It is recommended to wait for the price to pull back to around the 1H EMA20 (about 81988) before entering, as there are obvious pending orders supporting this area. Currently chasing longs directly offers a poor risk-reward ratio; a pullback to add longs is more prudent.
🎯Direction: Long (on pullback pending orders)
⚡Entry/Pending order: 81988.4
🛑Stop loss: 78781.4
🚀Target 1: 84599.5
🚀Target 2: 86538.8
🛡️Trade management: - After reaching Target 1, reduce position by 50%, and move stop loss up to the entry price. If the price falls below 81988, exit immediately.
Depth logic: 4H MACD golden cross widening, bullish trend structure intact. 1H RSI has not formed a top divergence, funding rate at -0.0008%, slightly negative, indicating bears have not entered heavily. After short-term profit-taking, bulls may attempt to push for the previous high. Patience is more important than being aggressive.
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