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【$SND Signal】Buy order depth is 2.31, funds support is obvious, and a pullback is expected to go long
$SND Buy order depth is 2.31, the 4H Bollinger upper band at 1357 has been firmly tested by the bulls, 1H RSI 87.5, MACD histogram begins to shrink, signs of exhaustion at high levels appear. However, the funding rate is 0.0%, indicating that the bulls are not extremely crowded, and the deep support limits the pullback space. The current price exceeds the upper boundary of the entry zone, waiting for a sharp drop is less effective than hiding in a pullback.
🎯Direction: Long (waiting for a pullback to go long)
⚡Entry/Order placement: 1385 - 1400 zone order (reference near the upper limit of the entry zone)
🛑Stop loss: 1154.28 (below the previous explosive point)
🚀Target 1: 1435.76 (breakthrough of the previous high acceleration point)
🚀Target 2: 1529.59 (4H strong continuation target)
🛡️Trade management:
- After the order is filled, if the price quickly rises back above 1410, move the stop loss below the opening price by 2%. Reduce position by 50% at Target 1, and move the remaining stop loss to break-even. If the price falls below 1380, exit immediately to avoid high-level retracement swallowing the principal. Deep support logic: the 4H bullish trend is not broken, the 1H RSI divergence is just a short-term correction signal, not a reversal. The buy order depth of 2.31 indicates strong support below, so the pullback depth is limited. The risk-reward ratio is close to 1:1.5, which is acceptable in hot coins.
Check real-time market 👇 $SND
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