$M Signal】1H strong breakout followed by pullback, bullish continuation but limited space


$M 1H MACD remains in bullish expanding, RSI at 73.97 approaching overbought zone but not turning. 4H Bollinger upper band at 3.4684 has been broken, price stands above 3.53 and stabilizes. Buying depth is 1.39, with significant net capital inflow.
🎯Direction: Long (pullback limit order)
⚡Entry/Order: 3.048
🛑Stop Loss: 3.023
🚀Target 1: 3.543
🚀Target 2: 3.557
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect principal.
Depth logic: Current price is far from the entry zone, directly chasing longs offers poor risk-reward, but placing a limit order waiting for a pullback near 3.048, with a stop loss only 2.5% away, and a target space of about 16%, making the risk-reward ratio acceptable. 1H volume is shrinking, patience for a pullback before re-entering is more prudent.
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M23.11%
BTC0.85%
ETH-0.01%
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