$BTC Signal】1H Bollinger Bands narrowing, waiting for pullback to go long


$BTC 1H Bollinger Bands narrowed to around 61553, MACD histogram bars shortened for three consecutive bars, buying momentum weakening. The 4H MACD golden cross slope slows down, order book sell depth -14.27% slightly suppresses, but the funding rate 0.01% shows long-short balance. Current risk-reward ratio 1.5, stop loss distance about 1%, the EMA50 and 4H Bollinger middle band below form a support zone. Wait for price to retrace to the lower edge of the suggested range to complete the long entry.

🎯Direction: Long

⚡Entry/Limit Order: 61523.7 - 61708.8

🛑Stop Loss: 61091.7

🚀Target 1: 62634.4

🚀Target 2: 63097.2

🛡️Trade Management:
- Execution Strategy: Reduce position by 50% after reaching Target 1, and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect capital.

1H RSI at 61 not overbought, if volume shrinks then a bullish candle with increased volume breaks above the Bollinger upper band, it will accelerate. Otherwise, if it breaks below EMA20, abandon. Overall range-bound bullish bias, suitable for buying on dips.

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