$BTC Signal】1H Moving Average Resistance + 4H RSI Oversold Rebound Fails, Short Position Setup


$BTC 4H RSI 28.47 Deeply Oversold Zone, Hovering, but after rebounding to near EMA20 on 1H, volume quickly diminishes. MACD on 1H shows a bullish crossover, but the red bars have not effectively expanded, indicating insufficient buying strength. Market depth bid/ask 1.03, slightly more buy orders, but funding rate -0.0006% remains negative, giving a clear advantage to short positions.

🎯Direction: Short

⚡Entry/Order: 60632.655 - 60815.100

🛑Stop Loss: 61423.251

🚀Target 1: 59902.874

🚀Target 2: 59446.760

🛡️Trade Management: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Open interest remains stable, and the bulls and bears have not yet decided the trend, but the 1H moving average resistance is clear. Although the 4H lower Bollinger Band provides support, the lack of rebound strength suggests a high probability of continued decline. Current risk/reward ratio is 1.5, making it worthwhile to set a small stop loss to gamble on the end of the weak rebound.
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