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【$BTC Signal】Pullback to buy, MACD bullish crossover above water, funds clearly supporting
$BTC 1H timeframe spikes higher then consolidates with decreasing volume, price close to the upper Bollinger Band. 4H MACD bullish crossover above water, bullish momentum strong, but 1H volume shrinks, indicating a break in buying pressure. Order book depth shows buy orders far exceed sell orders, fully exposing the support from funds.
🎯Direction: Long
⚡Entry/Orders: Buy in batches around 67530 - 67750
🛑Stop-loss: Below 67480
🚀Target 1: 68640
🚀Target 2: 69080
🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce position by half, and move the stop-loss on the remaining position to the entry price. If the price cannot hold above 68000, consider exiting early.
Position remains stable, price stays above 69000, combined with positive funding rate, indicating bulls are still in the market. 1-hour RSI near 75, high but not overbought, with buy-side depth advantage, a pullback to the EMA20 is an ideal sniper entry. Risk-reward ratio close to 4:1, making this trade highly favorable in terms of risk versus reward.
View real-time market 👇 $BTC
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