1-hour Bollinger Bands: Price retraced to the middle band around 58700 and stabilized, with the lower band at 58178 providing strong support; MACD golden cross formed at low level, red bars continuously expanding, short-term bearish momentum exhausted, rebound recovery underway.


✅ Entry point: Enter directly at current price around 58720 / add positions in batches on pullback to 58500-58600
🛑 Stop loss: 58150 (break below Bollinger lower band support, trend turns bad, exit; risk-reward ratio over 1:3)
🎯 Take profit targets
First target: 59230 (Bollinger upper band resistance, reduce half position)
Second target: 59680 (previous consolidation high, exit all)#BTC
BTC-1.08%
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