【$Q Signal】1H retest EMA20, bulls gathering strength

$Q 1H MACD momentum bars narrow to 0.0002, RSI drops from 70 to 68, Bollinger Band upper band at 0.0260 acts as resistance.
Price quickly rebounds after falling below 0.024, heavy buy orders near EMA20 (0.0215), no reference data on 4H, short-term momentum relies on 1H structure.
Current price at 0.023956 is in the mid-range of the suggested zone, with an imbalance of -9.51%, sell orders are slightly thicker but have not triggered sustained selling pressure.
Risk-reward ratio of 2.0, stop loss tight at 0.023645, it’s worth betting on a continued rebound.
🎯Direction: Long
⚡Entry: 0.023956
🛑Stop Loss: 0.023645
🚀Target 1: 0.024938
🚀Target 2: 0.025369
🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss to entry price, remaining position tracks Target 2.
If price drops below 0.0237, exit early.
1H OI stable, funding rate missing, order book buy-sell ratio at 0.83 suggests sellers have an advantage, but price has not effectively broken below EMA20, bulls are still resisting.
RSI not in overbought zone, if volume increases and price breaks above 0.024, short sellers’ stop loss will push the price higher.
Check real-time market 👇 $Q
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