$M Signal】Pullback to go long, 1H level accumulation ready to launch


$M After a surge at the 1H level, pull back to the EMA20, buying depth is 1.58, capital support is clear. The 4H Bollinger Bands just broke above the upper band, the gap is expanding, MACD golden cross continues to increase. Although the MACD momentum bars at the 1H level are shrinking, the price is consolidating above 4.20, refusing to dip deeply, indicating strong consolidation.

🎯Direction: Long

⚡Entry/Order: Directly buy around 4.20, aggressive traders can try at the current price of 4.33 with a small position, core position waits for the 4.10-4.15 range.

🛑Stop loss: 3.4807

🚀Target 1: 4.3514

🚀Target 2: 4.6416

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect principal.

Order book depth imbalance is 22.49%, sell orders are noticeably weak. The 1H RSI is around 67, not in the extreme overbought zone, still room to rise. The buy transaction ratio at the 4H level has remained above 0.52 for three consecutive bars, indicating stable capital inflow. The current funding rate of 0.0498% is not high, and short squeeze risk is low. Under this structure, a pullback is an opportunity, with a favorable risk-reward ratio.

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