【$BTC Signal】Pullback to Buy! 1H Retest of EMA20 Confirmed, Major Support Intent Clear

$BTC On the 1H timeframe, after the strong rally in the early morning, price is currently in a healthy retracement confirmation phase. Price has firmly established itself above all moving averages on the 4H timeframe, with an uptrend intact. Despite the slight pullback in the 1-hour candles currently, bid depth remains substantial at key levels, and open interest remains stable with no signs of large-scale long liquidation—classic characteristics of major support activity. The 1-hour RSI has pulled back from overbought territory into the healthy zone, building momentum for the next leg up.

🎯 Direction: Long

⚡ Entry/Orders: 70150 - 70300

🛑 Stop Loss: 69800

🚀 Target 1: 70850

🚀 Target 2: 71100

🛡 ️Trade Management:

- Execution Strategy: Once price reaches Target 1, reduce position by 50% and lock in partial profits, while move the stop loss on remaining position up to entry price. If price breaks Target 2 decisively, move remaining position's stop loss up to Target 1 to capture larger upside.

( In-Depth Logic: The volume-driven rally in the early morning accompanied by stable open interest indicates genuine buying pressure, not short squeeze. Current 1-hour price is retesting the EMA20 (around 70500) and the neckline broken in the early morning—an excellent second entry opportunity. Order book data shows dense buy orders below the 70100-70300 zone for support, while selling pressure above has diminished following the early morning digestion. Combined with low funding rates and healthy market sentiment, there is no excessive leverage risk. )

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