【$BTC Signal】Bears crush, 1H breaks down and accelerates

$BTC The 1H Bollinger lower band at 65264 has been breached; sell orders are deep, with depth 0.39 marking a 24h low, and the MACD histogram at -46.9 continues to widen. After 4H consecutive bearish candles engulf the prior low, within the 64833-64927 range there are only retail orders being picked up, with institutional sell orders pressing down from above.
🎯Direction: short
⚡Entry/limit orders: place short orders in the 64919.445 - 65085.600 range
🛑Stop loss: 65916.375
🚀Target 1: 63839.438
🚀Target 2: 63216.356
🛡️Trade management: - Execute strategy: after reaching Target 1, cut 50% position size, and move the stop loss up to breakeven. If price drops back to the entry level, automatically exit to protect principal.
👇- 1H RSI has probed down to 33.44 but still has not exceeded the extreme oversold area; the thickness of sell orders shows no signs of exhaustion. This leg of the sell-off will most likely test the true support strength of the 4H lower band at 64833; intraday rebounds are likely the add-to-position points.
Check live market 👇 $BTC
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