$VIC Signal】Pullback with multiple callbacks, 1H overbought with support retest


$VIC 1H RSI 79.74, funding rate -0.17%, bulls and bears in intense battle. 4H MACD remains bullish crossover but price has broken above the Bollinger upper band, with heavy sell orders around 0.0665 indicating dense selling pressure. The risk-reward ratio for chasing longs is poor; wait for a retest for a more secure entry.
🎯Direction: Long (pullback order)
⚡Entry/Order: 0.0580 (within recommended range)
🛑Stop loss: 0.0539
🚀Target 1: 0.0664
🚀Target 2: 0.0666
🛡️Trade management:
- Execution strategy: Place a limit order to enter, reduce position by 50% at Target 1, move stop loss up to 0.0580 to break even. Exit if price falls below 0.0580.
Depth logic: After four consecutive bullish days on the 1H chart, volume diminishes; Bollinger upper band acts as short-term resistance; negative funding rate + stable open interest suggest bears are being squeezed but momentum weakens. A retest at 0.0580 (near 1H EMA20) is a safe zone for bulls to re-enter. Place stop loss at 0.0539 (below 4H support), target previous high area, with a risk-reward ratio of about 2:1.
Check real-time market 👇 $VIC
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