$BTC Signal | 4H weakness continues, rebound for short


$BTC RSI 4H 37.85. The buy-side depth is 2.67, showing that there are thick limit orders on the book, but the price remains suppressed by the EMA20/50. The 1H MACD golden cross indicates only a weak rebound momentum, with consolidation and reduced volume near the lower Bollinger Band. Selling pressure is absorbed slowly, and active buy orders are not following through.
🎯 Direction: short
⚡ Entry / Orders: 63340 - 63520
🛑 Stop loss: 64155.40
🚀 Target 1: 62567.40
🚀 Target 2: 62091.00
🛡️ Trade management:
- Execute strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to breakeven. If the price falls back to the entry area, automatically exit to protect principal.
OI is stable, and the funding rate is 0.0049% (neutral). When rebounds lack strength, the downside has thick support, but there is no willingness to raise bids. This type of structure is prone to a liquidity trap. Be cautious when participating in shorts.
View live market data 👇 $BTC
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