$BTC Bearish Signal | 1H MACD momentum exhaustion + Sell pressure from above


$BTC Sell orders are densely clustered around 64,500. The 1H MACD momentum histogram has been continuously shrinking to 13.06, weakening bulls’ willingness to actively push. Buy-side depth accounts for 64.84%, but the price still can’t break through; follow-through at the highs is weak. The 4H Bollinger Band middle rail at 64,616 forms resistance, limiting upside room for short-term rebounds. The current risk-reward ratio is about 1.5, with reasonable odds.
🎯Direction: short
⚡Entry/Orders: 64,371.060 - 64,488.300
🛑Stop loss: 65,133.183
🚀Target 1: 63,520.976
🚀Target 2: 63,037.313
🛡️Trade Management:
- Strategy execution: After reaching Target 1, reduce position by 50% and move the stop loss up to breakeven. If price falls back to the entry level, exit automatically to protect principal.
View live market 👇 $BTC
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#直通IPO第二期JerseyMikes #夏日创作营 #Gate事件合约首发狂欢
BTC0.61%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned