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【$INX Signal】Multiple retracements, rebound after breaking the upper band of Bollinger Bands
$INX RSI 67.87, MACD diverging simultaneously on 1H and 4H, bullish trend is clear. Price has broken through the upper Bollinger Band, buying pressure is relatively low, and there is a risk of a pullback.
🎯Go long, place an order at 0.011078, waiting for the price to retest and trigger. 🛑Stop loss at 0.009443, 🚀Target 1 at 0.011135, 🚀Target 2 at 0.011179.
🛡️Trade management: reduce position by 50% after reaching Target 1, move stop loss to break-even. If the price falls below the entry point, exit immediately.
Depth logic: Funding rate is mild at 0.005%, OI is stable, buy pressure ratio is 0.49 indicating a tug-of-war between bulls and bears. Bollinger Bands are widening with increased volatility, short-term pullback probability is high, profit-to-loss ratio is only 0.03, light position betting.
Check real-time market 👇 $INX
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