$DEEP Signal】1H sharp rise and fall back, wait for a pullback to go long


$DEEP 1H volume breakout to 0.04513 then quickly retreat, current price 0.04178, 1H MACD shows red bars, momentum diminishing. 4H RSI 74.25 in overbought zone, Bollinger upper band at 0.0421 with clear resistance. Market sell orders and order depth -16.05%, selling pressure active. Funding rate -0.0248%, bearish sentiment crowded, but price has not broken support, downside still supported.
🎯Direction: Watch (wait for pullback to go long)
⚡Entry/Order: 0.03607 - 0.04157 (recommended range)
🛑Stop loss: 0.03323
🚀Target 1: 0.04177
🚀Target 2: 0.04194
🛡️Trade management: - Execute strategy: If price pulls back within the range, enter long, reduce position by 50% at Target 1, move stop loss to entry price. If not triggered, wait.
Depth logic: 1H top divergence pattern combined with 4H overbought, directly chasing longs with poor risk-reward ratio. But if price stabilizes under negative funding rate, short squeeze may trigger at any time. Short-term volatility is intense, patience for a pullback is more prudent.
View real-time market 👇 $DEEP
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DEEP17.07%
BTC0.73%
ETH1.19%
SOL2.9%
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