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【$NOT Signal】Multiple callbacks, wait for 4H support confirmation
$NOT 1H volume is shrinking, and the price is hovering near the upper band of the Bollinger Bands. 4H MACD bullish momentum is weakening, but the trend has not reversed yet. The deep sell order ratio is 53%, and the funding rate of -0.0073% suggests that short positions have higher holding costs.
🎯 Direction: Go long (place a pending order on the pullback)
⚡ Entry / Pending order: 0.000501
🛑 Stop loss: 0.000398
🚀 Target 1: 0.000504
🚀 Target 2: 0.000506
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce 50% of the position, and move the stop loss up to the break-even level. If the price drops back to the entry level, you will automatically exit to protect the principal.
Depth logic: RSI 4H at 72 has entered the overbought zone; the 1H MACD histogram bars continue to narrow, and the buying pace is slowing. The current price is approaching the previous high of 0.0005467, where the bulls are hesitant. The pending order at 0.000501 waits for a pullback to test support; the stop loss is set below 0.000398. The risk-reward ratio is low, but the stop loss is wide enough. With a negative funding rate environment, if the bears cannot suppress, a short squeeze may push the price up to Target 2.
Check the live market 👇 $NOT
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