$BTC ‌

$BTC Long Signal

Pullback confirmation,
sniper EMA50 rebound,
$BTC 1H timeframe repeatedly tests above EMA50,
Price remains firm. 4H MACD histogram contracts,
Bearish momentum diminishes. Market depth shows buy orders significantly outperform sell orders, capital support intentions exposed.

ENTRY SETUP:_
🎯Direction: Long

⚡Entry: Enter around 71600, reference ran#GateSquareAprilPostingChallenge ge 70570 - 71846.

🛑Stop loss: 70004, must exit if price breaks below EMA50 defense line.

Target 1: 75531,Previous high resistance area.

Target 2: 77373, trend continuation after breakout.

Trade management:
- Execution strategy: Halve position after price reaches 75531, move remaining stop loss up to entry price. If price cannot hold above 72000 and drops again, consider exiting early.

1H RSI near 35, oversold area needs recovery. Position size stable, negative funding rate prevents new lows, initial bearish squeeze conditions are present. 4H Bollinger lower band at 70783, close to stop loss level, forming resonance support. Risk-reward ratio 2:1, this trade is worth trying.