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$BTC Signal | Bullish support, dense buying on 1H
$BTC 63080 orders extremely thick, order book buying pressure 103%, depth imbalance 98%. 1H MACD bearish but volume shrinking, 4H MACD continuing to diverge. The 63080-62917 range has dense capital absorption, selling pressure quickly digested.
🎯Direction: Long
⚡Entry/Limit Order: 62917.698 - 63080.900
🛑Stop Loss: 62264.889
🚀Target 1: 64304.916
🚀Target 2: 64916.924
🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven level. If price falls back to entry point, exit automatically to protect capital.
OI stable, funding rate extremely low (0.0061%), short squeeze conditions not mature. Current risk-reward ratio 1.5, buying low is safer than chasing highs, but need to watch MACD bearish pressure.
View real-time market 👇 $BTC
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