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$BTC Signal | 1H pullback long entry
$BTC Buy-side depth is only 0.30, sell-side orders are thick but the price is holding firm above 62400. The 1H MACD histogram continues to widen in negative territory, RSI has pulled back to the neutral zone of 55, and the 4H Bollinger middle band at 61194 forms strong support.
🎯Direction: long
⚡Entry / Limit order: 62241.215 - 62428.500 (market price or limit order to catch the wick)
🛑Stop loss: 61804.215
🚀Target 1: 63364.928
🚀Target 2: 63833.141
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry zone, exit automatically to protect capital.
Current risk-reward ratio 1.5, funding rate stable, no abnormal OI changes. 4H trend remains bullish, 1H pullback with shrinking volume, after the selling pressure is released, bulls are likely to try again.
View real-time quotes 👇 $BTC
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