【$H Signal】Shorting | 1H rally then pullback, Bollinger upper band encounters resistance

$H 1H Bollinger upper band at 0.1328 was broken through and rapidly surged, RSI reached 68.68, MACD histogram shifted from expansion to contraction. The 0.1368-0.1373 zone has a depth of only 0.26%, liquidity is sparse, and the price faces strong selling pressure near 0.144.
The 4H MACD remains bullish, but the energy bars are beginning to shrink, indicating clear short-term momentum exhaustion.

🎯Direction: Short

⚡Entry/Order: 0.1368482 - 0.1372600

🛑Stop Loss: 0.1441230

🚀Target 1: 0.1269655

🚀Target 2: 0.1218182

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

A 0.6% depth difference indicates insufficient buying willingness, and negative funding rate (-0.045%) may trigger short covering risk, but the current risk-reward ratio of 1.5 suggests short-term pullback pressure outweighs short squeeze potential. Watch for support at 0.126; a break below could accelerate the decline.

Check real-time market 👇 $H
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我的Gate交易时刻 #美国5月CPI创三年新高 #预测世界杯墨西哥VS南非