$BTC Signal】Dual Order Script: End of 1H Triangle Convergence, Awaiting Breakout Direction!



$BTC The 1H timeframe is undergoing triangle convergence within the 65,800-67,200 range, with the price compressed below the 1H EMA20 (66,837). However, the 4H timeframe remains oscillating above the key support at 65,800. Currently, the price is sideways around 66,480, with trading volume extremely diminished, indicating a potential trend reversal. Open interest is stable, rates are normal, with no obvious short squeeze or liquidation risks. The main players are waiting for a direction choice.

🎯 Direction: Watch and Wait (Dual Orders)

⚡ Breakout Long Entry Orders:

Entry: 67,250 (Reason: Effective breakout above 1H EMA20 and upper triangle boundary, confirming bullish momentum return)

🛑 Stop Loss: 66,700 (Reason: Break below the breakout candle low and previous 1H support)

🚀 Target 1: 68,200 (Reason: Previous high resistance on 4H timeframe)

🚀 Target 2: 69,000 (Reason: 1.618 Fibonacci extension level)

⚡ Pullback Long Entry Orders:

Entry: 65,850 (Reason: Rebound from strong 4H support zone and triangle lower boundary, playing the bounce)

🛑 Stop Loss: 65,400 (Reason: Break below key support level, structure broken)

🚀 Target 1: 66,800 (Reason: Resistance at 1H EMA20 and triangle midline)

🚀 Target 2: 67,250 (Reason: Break above this level targets the upper boundary)

🛡 Trading Management:

- Position Size Suggestion: Light position (Reason: The trend is unclear, this is a speculative setup, strict risk control needed)

- Execution Strategy: When any order is triggered, the other order is automatically canceled. After reaching Target 1, reduce position by 50% and move stop loss to entry price. If the price stalls near the entry for more than 4 x 1H candles, consider breakeven or slight loss exit.

Order Book Logic: The order book shows sell wall at 66,481.2 with 18.95 BTC large sell order, acting as short-term resistance. However, buy orders below are still accumulating; the order book imbalance of -96.81% indicates concentrated selling pressure but not absolute strength. The 1H RSI is around 40, in a neutral-weak zone, with rebound potential. The 4H candle shows long lower shadows at key support, indicating weakening bearish momentum. Core observation: volume breakout above 67,250 suggests going long; volume pullback to 65,850 suggests adding long positions.

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