$BTC Signal】Pullback confirmation, right-side sniper


$BTC 1H level decreasing pullback to EMA20, price is consolidating around 68140. The 4H Bollinger middle band is above, MACD histogram is still expanding, but 1-hour momentum is converging. The order book shows a clear accumulation at the sell side, and buy depth is relatively weak.

🎯Direction: Watchful (waiting for right-side breakout confirmation)

⚡Entry/Order: Enter long after breaking 68330, or buy on pullback near 67500.

🛑Stop loss: Below 67370

🚀Target 1: 67980

🚀Target 2: 68180

🛡️Trade management:
- Execution strategy: If entering on breakout, reduce half position at Target 1, and move the remaining stop loss to the entry price. If entering on pullback, close all at Target 1, avoid holding a battle.

Current position volume remains stable, funding rate is slightly negative, with no obvious short squeeze or long squeeze pressure. The 1-hour RSI is around 58, neither overheated nor weakening, indicating a typical consolidation pattern. This volume-decreasing sideways movement often prepares for the next directional move; the risk-reward ratio will become clearer once the price breaks out of this narrow range. The support zone around 67500-67370 has been tested multiple times recently and is also where the 1-hour EMA50 is located, worth observing for strength.

Check real-time market 👇 $BTC
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
BTC2,44%
ETH4,37%
SOL1,71%
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
  • Pin