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【$PLUME Signal】4H RSI 85.55, Overbought Zone Play
$PLUME 4H RSI surges to 85.55, 1H MACD momentum contracts, intraday buying bias at 1.35 but caution still needed.
🎯Direction: Long (Pullback Entry)
⚡Entry/Order: 0.01530 - 0.01593
🛑Stop Loss: 0.01274
🚀Target 1: 0.01603
🚀Target 2: 0.01610
🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, move stop loss up to 0.01590. If price falls back below 0.01530, exit proactively.
Current funding rate is negative at -0.0022%, the short position is not dead but the space for chasing longs is very narrow, risk-reward ratio needs to be weighed independently.
Check real-time market 👇 $PLUME
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