$GTC Signal】Pullback long position, RSI in overbought zone waiting for correction


$GTC RSI soared to 87.19, the upper band of the 4H Bollinger Bands at 0.1141 has been broken through and closed above. After massive turnover, the price inertially pushes higher, but the willingness to continue rallying at high levels begins to weaken, and the current risk-reward ratio is not ideal.
🎯Direction: Long (pullback order)
⚡Entry/Order: 0.10220
🛑Stop loss: 0.09701
🚀Target 1: 0.11259
🚀Target 2: 0.11778
🛡️Trade management: - Execute strategy: Place order at 0.10220 and wait for a pullback, reduce 50% of the position after reaching Target 1, move stop loss to break even. If the price falls below 0.09701, exit decisively.
Depth logic: The 4H MACD histogram is still expanding, the bullish structure remains intact; but RSI is seriously overbought, and short-term profit-taking selling pressure is accumulating. The order cluster near the EMA20 is a low-risk zone for a secondary rally.
Check real-time market 👇 $GTC
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