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【$UB Signal】Pullback to go long, 1H level funds clearly support the bottom
$UB 1H level rebounds and falls back, but EMA50 and the middle band of the 4H Bollinger form a dense support zone in the 0.0520-0.0471 range, with buy order depth imbalance reaching 32.83%, strong willingness to buy below. The MACD histogram on the 4H level is still expanding, and the trend is not bad.
If the price pulls back to the 0.04970-0.05200 range, directly place a long position.
🛑Set the stop below 0.04129.
🚀First target is 0.06811, and after breaking through, look towards 0.06838.
🛡️Trading management: - Execution strategy: halve the position at target 1, and move the stop loss of the remaining position to the cost. If the price cannot stabilize in the entry zone, exit immediately.
Currently, the funding rate is as high as 0.135%, indicating potential short squeeze fuel, but stable OI shows positions are not dispersed. The 1H RSI has fallen from a high level to 62.68, providing a healthy correction space. The upper band of the 4H Bollinger has been pierced, and the price needs time to digest profit-taking, making this pullback an opportunity for a second entry, with a favorable risk-reward ratio.
Check real-time market 👇 $UB
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