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【$NAORIS Signal】Multiple callbacks, wait for 1H middle line confirmation
1H Bollinger upper band 0.1209, price 0.1135 close to the band but not broken through.
4H MACD bullish expansion, but 1H MACD histogram contracting, capital inflow rate decreasing.
Order book selling pressure slightly dominant, Bid/Ask 0.91, short-term buying strength moderate.
Patience is advised; it’s more cost-effective to act when the price drops back below 0.11289.
🎯Direction: Long (pullback order)
⚡Entry/Order: 0.11289 (limit order waiting for pullback)
🛑Stop Loss: 0.08129
🚀Target 1: 0.12088
🚀Target 2: 0.13408
🛡️Trade Management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to breakeven.
- If the price falls back to the entry level, automatically exit to protect capital.
4H RSI 74.26 approaching overbought zone, but volume has not significantly declined, currently in a high-level consolidation phase.
If the 1H narrow-range consolidation breaks out again with increased volume above 0.1140, short covering may accelerate.
However, the current risk-reward ratio is moderate; placing orders to wait for a pullback can lower holding costs and avoid chasing a sharp rise followed by a fall.
View real-time market 👇 $NAORIS
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