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【$B Signal】Overbought zone waiting for a pullback, Bollinger upper band resistance to go long
$B RSI soared to 77.55, 4H MACD histogram has three consecutive decreasing bars, buying momentum clearly weakens. The price is close to the Bollinger upper band at 0.7124, and the buy depth shows a balance between bulls and bears. The current quote of 0.6591 has exceeded the upper limit of the suggested entry zone. A dip to around 0.6558 can attempt to set up long positions, with a stop loss at 0.4187. Although the stop loss distance is large, high-volatility assets are more cost-effective with a pullback than chasing highs. Target 1: 0.7056, Target 2: 0.8012. Execution: reduce 50% at Target 1, move stop loss to break even; if it falls below 0.63, actively exit. View real-time quotes 👇 $B
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#Gate广场五月交易分享 #TROLL两日涨超160% $BTC $ETH $SOL