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【$BTC Signal】Long position, buy on 1H pullback, funding rate negative provides support
$BTC 1H MACD histogram accelerates downward to -107, RSI drops to around 55.7, market depth imbalance -35.67%, sell orders are noticeably thicker.
Price has formed four consecutive 1H bearish candles, but each lower shadow touches around 66,065 before bouncing back, forming a temporary support level.
Although the 4H MACD histogram remains above zero, two consecutive candles close lower, indicating weakening buying momentum.
Current open interest is stable, funding rate at -0.0004%, bears are continuously paying, which is favorable for bulls.
🎯Direction: Long
⚡Entry/Order: 66,087.042 - 66,285.900
🛑Stop loss: 65,623.041
🚀Target 1: 67,280.188
🚀Target 2: 67,777.333
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even.
If price falls back into the entry zone, automatically exit to protect principal.
Current risk-reward ratio is 1.5, with less than 1% distance to stop loss below, indicating a narrow stop-loss rebound play, suitable for light position testing.
View real-time market 👇 $BTC
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