【$CRCL Signal】Pullback on multiple retracements, 1H backtest middle band

$CRCL 4H RSI 78.46 enters overbought zone, 1H MACD bearish crossover widens, price drops from 130.15 to 123.19.
Buy order depth imbalance -32.96%, buying pressure weak below.
Current price above EMA20_1H 121.36, short-term still has room to dip.
This high-level pullback rhythm usually requires a sharp decline to shake out sellers before re-accumulating bulls.

🎯Direction: Long (Place order)

⚡Entry/Order: 122.57

🛑Stop Loss: 103.66

🚀Target 1: 125.15

🚀Target 2: 132.32

🛡️Trade Management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
- If price falls back to entry level, automatically exit to protect principal.

Depth logic: 4H Bollinger upper band at 127.14 acts as short-term resistance, but the middle band at 107.86 remains far away, trend remains bullish.
1H decline with decreasing volume (latest candle volume 19.7k vs previous high 61.3k), signs of diminishing selling pressure.
Open interest stable, if a backtest near 122.57 shows increased buy volume, the probability of a second bullish move is higher.

Check real-time market 👇 $CRCL
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