【$H Signal】Pullback on multiple retracements, 1H retesting support zone


$H Deep imbalance -20.22%, sell orders significantly thicker than buy orders. 1H RSI 58.45, MACD golden cross but decreasing histogram, bullish momentum weakening. 4H Bollinger middle band at 0.2427 becomes short-term resistance, price has broken below this level. Recommended to wait for the price to fall back to the 0.2393-0.2412 range to enter long positions, this is a confluence zone of 4H EMA50 and 1H Bollinger lower band. Stop loss at 0.2309. Target 1 at 0.2559, Target 2 at 0.2643. If the 1H closing price stabilizes above 0.244, cancel pending orders and wait for a breakout confirmation. Current risk-reward ratio is approximately 1.43, risk is controllable.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.23928 - 0.24124
🛑Stop loss: 0.23094
🚀Target 1: 0.25595
🚀Target 2: 0.26429
🛡️Trade management: Reduce 50% at Target 1, move stop loss up to entry price; if the price falls back into the entry zone, exit proactively.
Depth logic: 4H MACD shows a death cross but 1H has slight buy support, funding rate at 0.0078% is neutral, no short squeeze risk. Selling pressure needs time to digest, and a retracement to support zone offers a safer margin for long entries.
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