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【$4 Signal】Long position, 1H overbought consolidation area, buy orders still supported
$4 RSI 1H soared to 88.92, overbought zone sideways trading. Deep imbalance -21.74%, sell orders slightly thicker. 4H MACD momentum bars continue to expand, bullish trend not exhausted. Buy orders still clustered around 0.0123, price has not effectively broken below this area.
🎯 Direction: long
⚡ Entry/Order: 0.0123528 - 0.0123900
🛑 Stop loss: 0.0122661
🚀 Target 1: 0.0125758
🚀 Target 2: 0.0126688
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
4H Bollinger Band upper band at 0.0119 has been broken and stabilized, the opening provides room. Funding rate is only 0.005%, bullish cost is very low. Current risk-reward ratio is about 1.5, short-term direction is clear, with narrow stop-loss continuation.
Check real-time market 👇 $4
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