【$BTR Signal】Long - 1H pullback confirmation, main force clearly defending the market

$BTR The 1H timeframe has experienced a massive surge and is now undergoing a healthy pullback and consolidation. The current price is around 0.2105, just above the 1H EMA20 (0.2076) support, and the latest 1-hour candlestick shows a long lower shadow, indicating strong buying support. Although the 4H candle shows a long upper shadow, overall it remains in a high-level consolidation after a volume breakout, and the trend is not bad. Market depth shows buy orders far outnumber sell orders (imbalance of 38.47%), and open interest remains stable. The main force’s intention to defend the market is clear. This is a typical strong coin pullback opportunity to add positions.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2090 - 0.2110 (Reason: 1H EMA20 dynamic support zone and the lower edge of the current consolidation platform )

🛑Stop loss: 0.2020 (Reason: Break below the previous 1H low and key psychological level 0.20 )

🚀Target 1: 0.2260 (Reason: Previous high resistance level and also the starting point of the 4H upper shadow )

🚀Target 2: 0.2360 (Reason: 4H previous high and 1.382 Fibonacci extension level )

🛡️Trade management:

- Position size suggestion: Light (Reason: Intraday volatility is extremely high, ATR reaches 0.0215 )

- Execution strategy: After reaching 0.2260, reduce position by 50%, and move the remaining stop loss up to the entry price of 0.2110. If the price strongly breaks through 0.2260 and stabilizes, hold the remaining position to target 0.2360.

Depth logic: The price surged 25% within 24 hours, but open interest (OI) remained stable, with no sharp decline caused by profit-taking, indicating that the bulls are still in the market. The 1H RSI (55.44) has retreated from overbought territory to a healthy zone, preparing for another upward move. Combining market logic, “price rising, consider whether the main force is entering or the bears are stepping on the brakes,” the current stable OI suggests a higher probability of main force entering to defend the market. The support zone below at 0.2020-0.2038 (yesterday’s low and today’s opening price) forms a strong support band, an excellent defensive position.

Trade here 👇 $BTR

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