$BTC Signal】Short 4H bearish continuation; short on the rebound


$BTC The 4H lower Bollinger Band trend line has been briefly broken and reclaimed around 63107. The 1H MACD forms a golden cross, but the histogram is weak. Sell-side depth is -51.76%, buy orders are thin, and the strength of any rebound is questionable. Current price: 63394, trading below the 1H EMA20 and EMA50. Resistance zone 63649-64073 is clearly pressuring.
🎯Direction: short
⚡Entry / order placement: 63204.516 - 63394.700
🛑Stop loss: 64028.647
🚀Target 1: 62443.779
🚀Target 2: 61968.319
🛡️ Trade management:
- Execution plan: After reaching target 1, reduce position size by 50% and move the stop loss up to breakeven. If price drops back to the entry zone, exit automatically to protect principal.
1H RSI is 39.91; it has not entered the oversold region yet, and there is still downside room for the bears. The 4H MACD histogram continues to expand, and momentum inertia has not eased. Risk-reward is 1.5, and the stop-loss distance is about 1%, with short-term risk under control.
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