【$H Empty】1H bullish momentum fading, with sell-side depth dominating


$H The 1H MACD histogram has three consecutive contracting bars, showing a clear weakening of bullish momentum. The thickness of sell limit orders exceeds that of buy orders by 40%, with a depth imbalance of -40.64%. In the 4H Bollinger Bands open state, the price surged from 0.094 to 0.18, deviating too far from the moving average in the short term.

🎯Direction: short

⚡Entry/Order: 0.1811948 - 0.1817400

🛑Stop loss: 0.1835574

🚀Target 1: 0.1790139

🚀Target 2: 0.1776509

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss up to breakeven. If the price drops back to the entry level, automatically exit to protect capital.

Depth logic: The 1H RSI falls from 82 to 68, indicating weak buy-side support. The funding rate of -0.0485% shows that shorts must pay fees, but large-volume bearish candles at the higher level indicate that sell pressure is concentrated and being released. Under this kind of pullback structure, the risk-reward ratio for chasing shorts is acceptable, with the stop loss set above the recent high.

View live market 👇 $H
---
Follow me: Get more real-time crypto market analysis and insights! $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
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned