【$BROCCOLI714 Signal】Overbought seriously, waiting for a pullback to go long


RSI 1H 86.65, price has broken above the Bollinger upper band 0.0226. MACD double cycle bullish_expanding, but 1H trading volume has plummeted from 340 million to 173 million, buying pressure weakening. The order book depth shows more sell orders, bid/ask ratio 0.89, weak willingness of funds to support. The current risk-reward ratio is very poor—target at 0.02225 coincides with the current price, insufficient risk compensation. Wait for the price to retrace to around 0.01733 before considering entry.
🎯Direction: Long (wait for pullback to place order)
⚡Entry/Order: 0.01733
🛑Stop loss: 0.01612
🚀Target 1: 0.02225
🚀Target 2: 0.02234
🛡️Trade management: - After reaching Target 1, reduce position by 50%, move stop loss to entry price. If the price falls below 0.01733, abandon the trade, do not hold the position.
Buy orders below 0.01733 are dense, but selling pressure above is equally heavy. A healthy entry point is when RSI pulls back from extreme levels. Be patient and avoid chasing high.
Check real-time market 👇 $BROCCOLI714
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