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【$GWEI Signal】1H sharp rise and pullback, waiting for a correction to go long
$GWEI 1H RSI reaches 74.67, MACD histogram on the 1H chart has started to converge, the upper band of the 4H Bollinger Bands at 0.1264 has been broken through and the price is trading above it, buying depth of 1.14 indicates decent support, but the funding rate of 0.0269% is relatively high, short-term profit-taking pressure is gradually emerging.
🎯Direction: Long (wait for pullback orders)
⚡Entry/Order: 0.12996
🛑Stop Loss: 0.10855
🚀Target 1: 0.13052
🚀Target 2: 0.13104
🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
Depth logic: The 1H price has fallen from 0.13374, volume has decreased, short-term bullish momentum is slowing, but the 4H trend remains upward, with EMA20 support around 0.12996 (above 0.1215). The current risk-reward ratio is low, strictly wait for orders to fill, do not chase high before trigger.
View real-time market 👇 $GWEI
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