【$BTCUSDT Signal】Pullback to buy / 1H level funds support


$BTCUSDT The 1H level repeatedly tests around 66,700, with a gap in buy order depth, but the lower band of the 4-hour Bollinger Bands and the 1-hour EMA50 form a resonance support in the 66,650-66,700 area. MACD 1-hour histogram is contracting, indicating weakening bearish momentum. Open interest remains stable, with a slight negative funding rate, and no significant risk of a large-scale long squeeze.

🎯Direction: Long

⚡Entry/Order: 66,665 - 66,712

🛑Stop Loss: 66,268

🚀Target 1: 68,484

🚀Target 2: 69,370

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry level. If the price falls back to the entry level, automatically exit to protect capital.

Order book shows accumulation of sell orders above 66,855, but buy orders in the 66,650-66,700 range are still substantial, indicating an intention of funds support. The 4-hour MACD fast and slow lines are showing signs of convergence, with bearish pressure weakening. The current risk-reward ratio exceeds 4, making this position worth a limited-risk attempt at a defensive counterattack from the bulls.

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Carmelitevip
· 2h ago
good insight
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