【$USELESS Signal】1H Overbought Pullback, Followed by Long

$USELESS 1H RSI surged to 82.3, and buying pressure starts to weaken. The 4H Bollinger Bands upper band at 0.0652 has been broken, but bullish momentum shows slight dulling. The funding rate is neutral at 0.0072%, OI remains stable, and there are no signs of a short squeeze.
🎯 Direction: Long (place a buy-limit on the pullback)
⚡ Entry/Order: 0.06861 (limit order; wait for the price to retest this level)
🛑 Stop Loss: 0.05065
🚀 Target 1: 0.06892
🚀 Target 2: 0.06920
🛡️ Trade Management: - After reaching Target 1, reduce the position by 50%, and move the stop loss up to the entry price 0.06861. If the price falls below 0.06861, you will exit automatically to protect capital. The remaining position will target Target 2.
Current price is slightly above the recommended entry upper limit, and chasing higher carries greater risk. Wait for a pullback to 0.06861 to confirm support before entering; the risk-reward ratio is lower, but the win rate is higher. The depth buy orders are still actively placed, sell pressure is absorbed quickly, and the short-term pullback is likely limited.
View real-time market 👇 $USELESS
---
Follow me: Get more real-time analysis and insights from the crypto market! $BTC $ETH $SOL
‍#Gate广场五月交易分享 #比特币波动 #Polymarket每日热点