【$BTR Signal】Pullback to Long + 1H Strong Consolidation, Main Force Clearly Protecting the Market
$BTR The 1H timeframe has experienced a sharp rise yesterday and is currently consolidating strongly at high levels. The price is building a platform in the 0.200-0.220 range, with the 1H EMA20 (0.2068) providing immediate support. The 4H large bullish candle confirms an upward trend, and the current retracement confirms a good short-term sniper opportunity. Open interest remains stable, and the price has not experienced a deep correction, indicating main force support and rejection of a sharp decline.
🎯 Direction: Long (Long)
🎯 Entry/Order: 0.2040 - 0.2060 ( Reason: 1H EMA20 support zone + lower boundary of the previous 1H dense trading area )
🛑 Stop Loss: 0.1980 ( Reason: Break below yesterday’s 4H large bullish candle start point 0.2003, trend may reverse )
🚀 Target 1: 0.2200 ( Reason: Previous high resistance level, also yesterday’s retracement high )
🚀 Target 2: 0.2360 ( Reason: Near the 0.237 level of the 4H previous high, 1.382 Fibonacci extension )
🛡️ Trading Management:
- Position suggestion: Light position ( Reason: Hot Coin volatility is extremely high, control risk )
- Execution strategy: After the price reaches 0.2200, reduce position by 50%, and move the remaining position’s stop loss up to the entry price of 0.2060. If the price strongly breaks through 0.2200 and stabilizes, consider targeting the remaining position at 0.2360.
Deep logic: The 4H level has a massive breakout, and the trend has shifted to bullish. The 1H RSI (52.12) is in a healthy zone with potential for further upward movement. Market depth data shows buy orders (Bid) are significantly thicker than sell orders (Ask), with an imbalance rate of 11.46%, indicating strong support below. Funding rate is only 0.005%, with no excessive selling pressure. Combining market logic suggests “price rising, main force entering or bears stepping on the brakes,” and the current pattern leans more towards main force accumulating before supporting the market, preparing for the next rally.
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【$BTR Signal】Pullback to Long + 1H Strong Consolidation, Main Force Clearly Protecting the Market
$BTR The 1H timeframe has experienced a sharp rise yesterday and is currently consolidating strongly at high levels. The price is building a platform in the 0.200-0.220 range, with the 1H EMA20 (0.2068) providing immediate support. The 4H large bullish candle confirms an upward trend, and the current retracement confirms a good short-term sniper opportunity. Open interest remains stable, and the price has not experienced a deep correction, indicating main force support and rejection of a sharp decline.
🎯 Direction: Long (Long)
🎯 Entry/Order: 0.2040 - 0.2060 ( Reason: 1H EMA20 support zone + lower boundary of the previous 1H dense trading area )
🛑 Stop Loss: 0.1980 ( Reason: Break below yesterday’s 4H large bullish candle start point 0.2003, trend may reverse )
🚀 Target 1: 0.2200 ( Reason: Previous high resistance level, also yesterday’s retracement high )
🚀 Target 2: 0.2360 ( Reason: Near the 0.237 level of the 4H previous high, 1.382 Fibonacci extension )
🛡️ Trading Management:
- Position suggestion: Light position ( Reason: Hot Coin volatility is extremely high, control risk )
- Execution strategy: After the price reaches 0.2200, reduce position by 50%, and move the remaining position’s stop loss up to the entry price of 0.2060. If the price strongly breaks through 0.2200 and stabilizes, consider targeting the remaining position at 0.2360.
Deep logic: The 4H level has a massive breakout, and the trend has shifted to bullish. The 1H RSI (52.12) is in a healthy zone with potential for further upward movement. Market depth data shows buy orders (Bid) are significantly thicker than sell orders (Ask), with an imbalance rate of 11.46%, indicating strong support below. Funding rate is only 0.005%, with no excessive selling pressure. Combining market logic suggests “price rising, main force entering or bears stepping on the brakes,” and the current pattern leans more towards main force accumulating before supporting the market, preparing for the next rally.
Trade here 👇 $BTR
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