【$OPEN Signal】Pullback Entry: 1H RSI overbought zone but 4H momentum not exhausted


$OPEN 1H RSI 72.9, 4H Bollinger Band upper band at 0.1949 acting as resistance.
Buyers' depth leans toward the bulls at 6.34%, but 1H volume has been shrinking for two consecutive K-lines.
Orders are densely clustered around 0.1860; it’s more prudent to re-enter after a successful test of support.

🎯Direction: Long (Pullback orders)

⚡Entry/Orders: Buy limit orders in the range of 0.1773 - 0.1781

🛑Stop loss: 0.1758

🚀Target 1: 0.1884

🚀Target 2: 0.1892

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even.
- If the price falls back into the entry zone, automatically exit to protect capital.

Depth logic: 4H MACD bars are still expanding, indicating the bullish trend has not broken.
The high-volume pullback on the 1H chart is a normal correction.
0.1773 is the support zone of the 4H EMA20, overlapping with the suggested range.
Risk-reward ratio is not ideal but with a high win rate, suitable for light probing.

Check real-time market 👇 $OPEN
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