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【$B Signal】Watching for Long Entry: 4H overbought correction, waiting to go long at 0.6414
$B RSI 76.63, 4H Bollinger Band upper band at 0.7097 acting as resistance, MACD bullish histogram shrinking.
Deep imbalance -11.69%, selling pressure exceeds buying pressure.
Orders densely clustered around 0.6414, funding rate at 0.0817% is relatively high but has not triggered a short squeeze.
Current price 0.6446 has exceeded the upper limit of the suggested entry zone, short-term chasing longs offers a poor risk-reward ratio.
Watch for confirmation of a pullback below 0.6414, if the price drops to the 0.63-0.64 range with stable volume, consider entering.
🎯Direction: Long (waiting for pullback orders)
⚡Entry/Order: 0.6414
🛑Stop Loss: 0.4182
🚀Target 1: 0.7027
🚀Target 2: 0.7975
🛡️Trade Management: Reduce 50% of position upon reaching Target 1, move stop loss to break-even, hold remaining position until Target 2.
Depth logic: MACD shrinking, bullish momentum waning.
Low probability of a direct breakout above the upper band due to concentrated selling pressure; wait for sufficient turnover for healthier bulls.
View real-time market 👇 $B
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