【$H Signal】Long | Breakout and Retest, Main Force Accumulation

$H After a volume breakout, the price is performing a healthy retest above the key resistance turn support. The 4H RSI has cooled from the overbought zone to around 70, indicating a healthy correction within a strong trend.

🎯 Direction: Long

🎯 Entry: 0.1780 - 0.1805

🛑 Stop Loss: 0.1690 ( Break below previous high support and EMA20, invalidating the logic )

🚀 Target 1: 0.1950

🚀 Target 2: 0.2017 ( Previous high resistance )

Market Analysis: After volume broke through the previous high of 0.1746, the price consolidated sideways around 0.1805. Key signals include: 1) Open interest (OI) remains stable during the uptrend, with no signs of main force distribution; 2) Funding rate is only 0.036%, far below dangerous levels, indicating low short squeeze risk; 3) Depth data shows buy orders (Bids) accumulating near 0.1804, forming a support wall, while sell orders (Asks) are relatively sparse, indicating limited upward selling pressure.

Solid Logic: This rally is driven by genuine buying (4H candlestick buy ratio once reached 54%), not just a short squeeze. The current retest position is exactly the golden zone between the breakout level (0.1746) and EMA20 (0.1606), an ideal entry point for trend-following strategies. ATR is 0.0093, making the stop loss reasonable, with a risk-reward ratio >2.5.

Trade here 👇 $H

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