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【$BTC Signal】Multiple long positions retesting support, buying pressure dominates
$BTC Buyers' depth is greater than 106, quickly rebounded after retesting 62300 on the 1H chart, bulls' defense line is solid.
On the 4H chart, MACD shows a golden cross with shrinking red bars, watch for the strength of the second opening.
On the 1H chart, MACD shows a death cross but price remains resilient, top divergence is invalidated.
The middle band of Bollinger Bands at 63183 provides immediate support, funding rate is neutral at 0.0014%, open interest shows no abnormal expansion.
Currently, 63408 is within the suggested entry zone, enter directly.
🎯Direction: long
⚡Entry/Order: 63218.574 - 63408.800 current price zone
🛑Stop loss: 62031.329
🚀Target 1: 65475.007
🚀Target 2: 66508.111
🛡️Trade management:
- Execution strategy: Reduce 50% after reaching Target 1, and move stop loss to break-even.
- If price falls back into the entry zone, automatically exit to protect principal.
Although the 1H MACD shows a death cross, the price is consolidating, and buyer depth suggests strong support below.
Funding rate is normal with no signs of overheating.
Risk-reward ratio is 1.5, short-term risk is controllable.
Check real-time market 👇 $BTC
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