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[$BTC Signal] Bearish crushing, 1H breakout continuation
$BTC RSI as low as 31, buy order depth only 0.35, sell orders continuously overflowing. 1H three consecutive bearish candles ate 58030, the lower Bollinger Band was broken through. MACD green bars expanding, bearish momentum not showing signs of weakening.
🎯Direction: Short
⚡Entry Range: 58998.671 - 59176.200
🛑Stop Loss: 61028.046
🚀Target 1: 56398.430
🚀Target 2: 55009.545
🛡️Trade Management: Reduce half position at Target 1, move stop loss to entry price. If price rebounds above the entry range, abandon.
4H did not show a bottom divergence structure, funding rate is still positive at 0.0009%, long positions have strong holding willingness. Stampede often continues after oversold, risk-reward ratio 1.5 is acceptable.
View real-time market 👇 $BTC
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