【$BTC Signal】Long - 1H pullback confirmation, preparing to break previous high

$BTC The 1H timeframe is showing strong consolidation above EMA20 (68195), just completing a pullback test of support. The 4H timeframe is holding above EMA50 (67929), indicating a bullish accumulation structure. The current price is oscillating around 68350 with slight dominance in buy orders (bid_ask_ratio_depth: 1.16), which is a typical pre-breakout accumulation signal.

🎯Direction: Long (Long)

🎯Entry/Order: 68300 - 68350 (Reason: 1H EMA20 support zone, pullback confirmed )

🛑Stop Loss: 67900 (Reason: Break below 4H EMA50 and previous 1H candle low )

🚀Target 1: 68800 (Reason: Previous high resistance and recent 4H high )

🚀Target 2: 69300 (Reason: 1.272 Fibonacci extension level )

🛡Trade Management:

- Position size suggestion: Standard position (Reason: Resonance of key support on 1H/4H, risk-reward ratio >1.5 )

- Execution strategy: After reaching 68800, reduce position by 50% and move stop-loss to entry point. Remaining position aims for 69300 target; if price pulls back into entry zone, exit all.

Depth logic: Open interest (OI) remains stable and does not decline with slight price retracement, indicating strong bullish positions. 1H RSI (56.31) is in healthy bullish territory with no overbought signals. Order book shows dense buy orders below 68300 (depth imbalance 7.36%), providing solid buffer. Market logic suggests upward movement, combined with stable OI, favoring main force support or short covering.

View real-time market 👇 $BTC

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL