【$XNY Signal】Long｜Pullback to EMA support, funding rate relatively high but active buying

$XNY 1H price pulls back to EMA20, volume increases but selling pressure dominates (buy_sell_ratio 0.45). The 4H Bollinger middle band at 0.0055 provides long-term support, funding rate at 0.0636% is somewhat high, but open interest remains stable, indicating bulls have not collapsed. Current depth shows -3.54% selling pressure, but orders are densely clustered around 0.0069, quickly absorbing short-term selling pressure.
🎯Direction: long (buy)
⚡Entry/Orders: 0.00694211 - 0.00696300
🛑Stop loss: 0.00689337
🚀Target 1: 0.00706745
🚀Target 2: 0.00711967
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect principal.
Sentiment judgment: The risk-reward ratio of the pullback is acceptable, but caution is needed when chasing high at high fee rates. Short-term trading should follow the principle of quick in and out.
View real-time market 👇 $XNY
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