$B Signal: 1H momentum decay, waiting for a pullback to buy more


$B RSI 1H 74, 4H 86, funding rate 0.0865% approaching extreme value, buying depth is skewed to the buy side but high-level trading volume is shrinking. The 4H Bollinger upper band at 0.3148 is acting as resistance, MACD histogram is contracting, after bullish momentum releases, it enters consolidation.
🎯Direction: Watch (place buy orders)
⚡Entry/Order: 0.3079 (pullback near the upper limit of the range)
🛑Stop loss: 0.1554
🚀Target 1: 0.2853
🚀Target 2: 0.3285
🛡️Trade management: - Execute strategy: do not operate before reaching the order price. Enter after confirming at 0.3079, with Target 1 below the entry price, and use Target 2 as the main take profit. Move the position to breakeven and hold until Target 2.
High-level chasing longs has low cost-effectiveness; waiting for a pullback to confirm support is more prudent, and the funding rate leaning positive indicates a need to prevent long squeeze liquidations.
Check real-time market 👇 $B
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍
BTC1.39%
ETH0.64%
SOL-0.53%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin