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【$INX Signal】Pullback continuation: 1H top divergence correction, 4H bullish trend not broken
$INX RSI 1H drops from 82 to 51.6, MACD bearish crossover with increasing volume, selling pressure fully released. The upper band of Bollinger on the 4H chart at 0.0161 faces resistance, then pulls back near the middle band at 0.0112, volume shrinks, and signs of support from funds remain. Funding rate at 0.084% is relatively high, open interest remains stable, and the basis for short covering still exists.
🎯Direction: Long
⚡Entry/Order: 0.012124 - 0.014671 (recommended lower limit for placing orders)
🛑Stop loss: 0.010845
🚀Target 1: 0.014682
🚀Target 2: 0.015960
🛡️Trade management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: 1H MACD shows shrinking bearish bars, RSI has exited the overbought zone, 4H EMA20 and EMA50 are in a bullish alignment, and after confirming support on a pullback, buying activity is more likely to resume. The current risk-reward ratio is close to 3:1, making it worth a try.
Check real-time market 👇 $INX
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