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$B Signal: High-level oscillation, waiting for a pullback
$B 1H K-line breaks above the upper Bollinger Band and consolidates at a high level, RSI 81.11, funding rate 0.1353% abnormally high, buying pressure weakens. The current price 0.6645 has moved away from the upper limit of the suggested range, with a very poor short-term risk-reward ratio.
🎯Direction: Long (Pending order)
⚡Entry/Pending order: 0.6612
🛑Stop loss: 0.3832
🚀Target 1: 0.6639
🚀Target 2: 0.6666
🛡️Trade management: - Execute strategy: Reduce 50% of position after reaching Target 1, move stop loss up to the cost price. If the price falls below 0.6612, automatically exit.
Pending order price is close to the current high level, with very narrow space, suitable only for ultra-short-term sniping. The high funding rate indicates crowded bulls, beware of a reversal.
View real-time market 👇 $B
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