【$BTC Signal】Pullback and go long; 1H level oversold correction

$BTC 1H level price has dropped below EMA20, RSI has fallen to 36, entering the oversold zone. The lower band of the 4-hour Bollinger Bands forms support around 66,400, which coincides with the thickest buy order zone on the 1-hour level. The MACD histogram on the 1-hour chart is expanding in negative value, but the 4-hour level shows bearish momentum is contracting, indicating a possible cycle divergence.

🎯 Direction: Go long

⚡ Entry/Place orders: Set up staggered orders in the 66,580 - 66,630 range

🛑 Stop loss: Below 66,170

🚀 Target 1: 68,460

🚀 Target 2: 69,380

🛡️ Trade management:
- Execution strategy: After price reaches the first target, cut the position by half; move the stop loss for the remaining position up to the entry price. If the price cannot hold above 67,000, consider exiting early.

Keep the position size stable. The price drop has not triggered large-scale liquidations, indicating it is not panic selling. The current buy-side order book thickness is 2.4 times that of the sell side, showing a clear intent for capital support. Three consecutive 1-hour candlesticks near 66,700 close with long lower shadows, quickly absorbing selling pressure. The risk-reward ratio at this level is above 4, making it worth a try.

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