【$H Signal】Buy depth is tilted, 1H retracement to go long


$H Buy depth is 1.54, with significantly more order volume. After the 1H MACD golden cross, the bars converge, and the price bounces back after testing the EMA20 (0.2370) to 0.2421. The 4H Bollinger Band middle line at 0.2427 provides short-term resistance, but there is heavy buying around 0.239 below. The funding rate is 0.0149% which is relatively high, but it hasn't triggered a large short squeeze, so bulls still have room.
🎯Direction: Long
⚡Entry/Order: 0.23918 - 0.24092
🛑Stop loss: 0.23094
🚀Target 1: 0.25565
🚀Target 2: 0.26389
🛡️Trade management: - Execute strategy: reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.
Current risk-reward ratio is 1.48, risk is controllable. The 4H trend is still bearish but weakening, while the 1H buy support is clear. Short-term, breaking through the previous high of 0.24925 is a reasonable move.
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