【$D Signal】Multiple retracements, waiting for a pullback support after Bollinger Band upper band is overbought

$D 4H Bollinger Band upper band at 0.0106 has been broken, 1H upper band at 0.0114 has also been penetrated, current price at 0.0116 surged then fell back, closing with a long upper shadow.
Buying sentiment has not faded, funding rate of -0.1649% indicates short positions are accumulating, and once stabilized, it’s easy to squeeze the shorts.
Currently, chasing high is risky; place an order waiting for a pullback to 0.009519 to go long, set stop loss at 0.009443, first target at 0.009671, second target at 0.009747.
Risk-reward ratio is about 3:1, worth trying.
Although the 1H MACD is still upward, RSI at 68.57 is high, short-term needs to clear floating positions.
Negative funding rates in Hot Coin often indicate a quick reversal, but the bullish trend has not broken, so it’s safer to respond with low leverage longs.
Check real-time market 👇 $D
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