$BTC 【Signal】In the 1H oversold zone, the bearish trend continues, with heavy sell-side pressure dominating


$BTC 1H RSI 30.5, MACD green bars keep expanding, and the price stays close to the lower Bollinger Band. The 4H lower Bollinger Band at 62727 has been tested, but the rebound strength from bulls is weak. Order book depth imbalance: -56%, with sell orders actively pushing down the buy price.

🎯Direction: short

⚡Entry/Limit orders: 62343.209 - 62513.500

🛑Stop loss: 63138.635

🚀Target 1: 61575.798

🚀Target 2: 61106.946

🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce position size by 50% and move the stop loss up to break-even. If the price drops back to the entry area, exit automatically to protect principal.

Current risk-reward is about 1.5. While shorting in the oversold zone, be aware of a potential technical rebound; however, the funding rate is normal and sell pressure remains persistent, and the downside momentum hasn’t yet weakened.

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