$SWARMS Signal】1H Overbought with increased selling pressure, waiting for a pullback to go long


$SWARMS RSI 1H skyrocketed to 82.4, buying volume ratio suddenly dropped from 0.66 to 0.44. The 1H MACD histogram continues to narrow, indicating weakening bullish momentum. The 4H Bollinger upper band at 0.0145 has been pierced, current price at 0.0147 remains in high-level consolidation. Selling pressure below is weakening, with a depth imbalance of -1.93%. The current entry risk-reward ratio is poor, chasing longs carries greater risk than potential reward. Placing orders for a pullback near the EMA20 is more reasonable.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.013327
🛑Stop loss: 0.013220
🚀Target 1: 0.014723
🚀Target 2: 0.014782
🛡️Trade management: After reaching Target 1, reduce position by 50%, move stop loss to break-even. If price falls back below 0.013327, exit and observe.
Depth logic: 1H RSI is severely overbought and selling has emerged, but the 4H bullish trend remains intact, and open interest is stable with no signs of a sell-off. Around 0.0133 is the 4H EMA20 support level; placing orders for a pullback can reduce entry costs. If the price directly breaks through 0.0149, abandon this order and reassess.
Check real-time market 👇 $SWARMS
---
Follow me: Get more real-time analysis and insights on the crypto market!
#TradFi交易分享挑战 #30年期美债收益率突破5% $BTC $ETH $SOL
SWARMS21.99%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned