【$BTCUSDT Signal】Pullback confirmation, bulls accumulating strength

$BTCUSDT 1H timeframe is oscillating narrowly near 66,800, with the buy-side order depth strong and dense sell/bid orders lined up around 66,790. The lower band of the 4H Bollinger Bands at 65,690 forms strong support, and the 1H MACD first shows green histogram bars, indicating bearish momentum has reached exhaustion. Open interest remains stable, funding rates are healthy, and there are no signs of overheating.

🎯Direction: Long

⚡Entry/Order placement: Set up staggered entries by placing orders in the 66,450 - 66,550 range

🛑Stop loss: 65,700

🚀Target 1: 69,750

🚀Target 2: 71,350

🛡️Trade management:
- Execution strategy: After reaching 69,750, reduce the position by 50%, and move the remaining stop loss up to the entry price. If the price drops back into the entry zone, exit directly.

The 4-hour timeframe price has retraced back to the middle-to-lower band of the Bollinger Bands, and bearish sell pressure is being continuously absorbed. The 1-hour chart shows that the price repeatedly tests near key moving averages, but it has never effectively broken below them; the intention to provide funding support is obvious. Open interest has not fallen along with the price fluctuations, indicating that the main players have not exited, but are instead rotating positions at this level. The current risk-reward ratio is close to 4:1, making it worth using limited risk to bet once on an upside momentum return.

Check real-time market trends 👇 $BTCUSDT
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