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【$4 Signal】Multiple callbacks, 1H momentum still ongoing, funding rate is relatively high
$4 RSI 1H surged to 78, funding rate at 0.07% fluctuating at high levels, sell order depth slightly dominant (Bid/Ask 0.86). MACD 1H is still expanding, but the price has already touched the upper Bollinger Band, making short-term chasing high not very cost-effective. Waiting for a pullback confirmation before entering is more reasonable.
🎯Direction: Long (pullback order)
⚡Entry/Order: 0.011000 (recommended range: 0.010321 - 0.011789)
🛑Stop loss: 0.010238
🚀Target 1: 0.011843
🚀Target 2: 0.011891
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect principal.
Depth logic: 4H MACD red bars expanding, but the price is already above the 4H Bollinger upper band, short-term bullish but caution for a pullback. High funding rate indicates crowded longs, a quick surge might trigger a short squeeze, but a pullback would be a safer entry point. Cautiously wait for the chip concentration around 0.011.
View real-time market 👇 $4
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