8.19$BTC Long Strategy (Betting on a Support Rebound)
After rising and retreating, the price has entered a short-term correction. It is trading below the moving averages, which are sloping downward and creating resistance, indicating a pullback after the surge. A retest of support is a good opportunity to enter a long position at a lower level. Do not chase highs; wait for the pullback to stabilize before entering.
Entry: Retest around 63,900
Stop-loss: Exit decisively if 63,500 breaks, confirming a key support failure
First target: 64,690 → 64,900, exit in batches
Second target: 65,300
#Gate7天净流入全球Top3
After rising and retreating, the price has entered a short-term correction. It is trading below the moving averages, which are sloping downward and creating resistance, indicating a pullback after the surge. A retest of support is a good opportunity to enter a long position at a lower level. Do not chase highs; wait for the pullback to stabilize before entering.
Entry: Retest around 63,900
Stop-loss: Exit decisively if 63,500 breaks, confirming a key support failure
First target: 64,690 → 64,900, exit in batches
Second target: 65,300
#Gate7天净流入全球Top3
