【$1000CHEEMS Signal】1H overbought and 4H bullish battle, pullback mainly buying

RSI 1H skyrocketed to 82.67, order book buy depth ratio at 1.95, funds continuously supporting. But 4H MACD bars are still expanding, trend not broken. High-level turnover volume increased, 1H MACD bars start to shrink, signs of waning momentum. Current risk-reward ratio is very low, chasing gains is not cost-effective, waiting for a more stable pullback.

🎯Direction: Long (pullback limit order)

⚡Entry/Limit order: 0.000601 - 0.000710 (recommend placing buy orders around 0.000710)

🛑Stop loss: 0.000596

🚀Target 1: 0.000714

🚀Target 2: 0.000717

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

Depth logic: 4H Bollinger upper band has been broken, but 1H overbought area accompanied by MACD volume bars shrinking, short-term correction pressure increases. Funding rate at 0.0046% is not extreme, OI stable, bulls and bears are not overwhelmingly skewed. Chasing high here has poor risk-reward, wait for price to pull back near 0.000710 (1H EMA20 support) before entering, set stop loss at 0.000596 (below 4H key support), target only near previous high, quick in and out.
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