$INX Signal】1H breakout above upper band, pullback to go long


$INX 1H MACD bullish crossover expanding, 4H Bollinger upper band opening, RSI 14 at 81 overbought, funding rate 0.0477% slightly high, order book shows heavy selling pressure. Price broke above 1H upper band at 0.0122 but failed to stabilize, short-term pullback clearly needed.

🎯Direction: Long (buy on pullback)

⚡Entry: 0.01220 (recommended range 0.010321-0.012251)

🛑Stop loss: 0.010049

🚀Target 1: 0.01285

🚀Target 2: 0.01320

🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss to break-even. If price drops below 0.0120, delay entry.

Depth logic: 4H volume continues to expand, bullish structure remains intact, but RSI overbought combined with high funding rate increases short-term pullback probability. Personal risk-reward assessment: current entry risk about 17%, target profit 5%, risk-reward ratio not ideal, wait for better levels or volume reduction confirmation. If price pulls back near 0.0118, risk-reward ratio can improve to above 1:2.

Check real-time market 👇 $INX
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate广场五月交易分享 #BTC重返8万 #日本国债上链24小时交易
INX47.12%
BTC0.7%
ETH0.66%
SOL1.29%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin