$BTC Signal】Two-way Order Placement Game! 1H Rebound Faces Resistance, Waiting for Direction Decision



$BTC The 1H timeframe is at a critical resistance zone after a oversold rebound, with the price hovering around 65900. The upper 1H EMA20 (66371) is acting as resistance, while the 64500-64800 area is previous support. The 4H trend is bearish, but the 1H RSI (41.21) has exited the oversold zone, indicating short-term trading opportunities. Open interest remains stable, and negative funding rates suggest bears are favored but not overwhelmingly so. The market is waiting for a clear direction.

🎯Direction: Wait and see (Two-way order placement)

⚡Scenario 1: Breakout to chase longs

🎯Entry/Order: 66400 (Reason: Strong breakout above 1H EMA20 and previous consolidation high)

🛑Stop Loss: 65800 (Reason: Break below breakout point, false breakout)

🚀Target 1: 67200 (Reason: Resistance at the previous wave's starting point in the 4H timeframe)

🚀Target 2: 68000 (Reason: 4H EMA20 and previous high area)

⚡Scenario 2: Pullback to add longs

🎯Entry/Order: 64800 (Reason: Pullback to previous low and potential double bottom neckline in 1H)

🛑Stop Loss: 64200 (Reason: Break below previous low 64232, structure broken)

🚀Target 1: 65900 (Reason: Current rebound high and immediate resistance)

🚀Target 2: 66400 (Reason: 1H EMA20 resistance)

🛡Trade Management:

- Position size suggestion: Light position (Reason: Unclear direction, left-side game, higher risk)

- Execution strategy: Only execute the first scenario triggered. After entering, if the price reverses and approaches the other scenario's entry point, reassess. After reaching Target 1, reduce position by 50% and move stop loss to entry price.

Deep logic: Price rebounded from 64800 to 65900, but buy depth is imbalanced at -33.51%, with heavy sell pressure above. The rebound volume in 1H is decent but hasn't stabilized above key moving averages. The slight rebound after a large 4H bearish candle is a typical technical correction. The key is whether the price can hold above 66000 and attract more buyers. Currently, it's more suitable for placing orders in anticipation rather than chasing the market.

View real-time market 👇 $BTC

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
BTC-4,13%
ETH-4,54%
SOL-5,91%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)