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【$PLUME Signal】Pullback to go long | 4H Bollinger breakout but 1H momentum fading
$PLUME 4H Bollinger upper band at 0.0142 has been broken, buying pressure begins to weaken, 1H MACD bars contracting. RSI at 72.9, high level, limited room for further long entries, funding rate at 0.005% neutral.
🎯Direction: Wait and see (pullback to go long)
⚡Entry: 0.01420
🛑Stop loss: 0.01244
🚀Target 1: 0.01440
🚀Target 2: 0.01445
🛡️Trade management: Reduce position by 50% after reaching Target 1, move stop loss up to entry point. If price falls back to 0.01420, exit automatically.
Depth logic: Current price at 0.01439 is above Target 1, with a very poor risk-reward ratio. Only when the price retraces near 0.01420 does short-term bullish trading have value. Open interest is stable, no obvious signs of large traders distributing, but high-level sideways movement warrants caution for liquidity withdrawal.
Check real-time market 👇 $PLUME
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