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【$PIEVERSE Signal】Long + 4H trend continuation, 1H pullback to enter long
$PIEVERSE 1H MACD histogram narrowing, 4H MACD still expanding, price oscillating near the upper band of the 4H Bollinger at around 0.8919. Depth imbalance -14.5%, selling pressure gradually increasing, but bulls are trying to hold the 0.892 support. Personally think the risk-reward ratio here is acceptable, small stop loss to chase the 4H trend continuation.
🎯Direction: Long
⚡Entry/Order: 0.89231 - 0.89500
🛑Stop Loss: 0.88605
🚀Target 1: 0.90843
🚀Target 2: 0.91514
🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect principal.
Price just broke above the 4H previous high, but 1H shows signs of bearish divergence, funding rate at 0.0424% is relatively high, short-term chasing the rally requires caution. If volume increases and stabilizes above 0.895, upside space opens.
Check real-time market 👇 $PIEVERSE
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