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【$4 Signal】Waiting for a callback to buy more, 1H MACD shows shrinking bearish momentum
RSI surges to 81.59, deep buy-sell ratio of 1.58, massive orders below support. 1H MACD histogram narrows, bearish momentum diminishes. Current price 0.015606 slightly above the suggested upper range, chasing higher offers poor risk-reward, placing orders for a pullback is more reasonable.
🎯Direction: Long (placing orders)
⚡Entry/Order: 0.015528
🛑Stop loss: 0.011343
🚀Target 1: 0.015604
🚀Target 2: 0.015667
🛡️Trade management: - Limit order, if filled and quickly rises to Target 1, reduce position by 50%, move stop loss to break even. If price breaks below entry point, exit immediately.
4H RSI overbought but funding rate at 0.0618% is relatively high, bullish crowding, short-term pullback and cleansing needed. Waiting for price to retest around 0.015528, 1H Bollinger middle band support and buying pressure resonate together, risk-reward is small but win rate is controllable.
Check real-time market 👇 $4
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