$INX Signal | Continuing the strong upward momentum on the 4H chart


$INX RSI 14 soared to 80.23, the 4H Bollinger upper band at 0.0090 has been broken through by the price. The 1H MACD histogram has returned to zero, but the fast and slow lines are still diverging with a golden cross. The order book depth ratio is 1.47, with buy orders concentrated. Funding rate is 0.005%, neutral and relatively low, making long positions cost-effective. Stop loss is set at 0.009169, a break below which would break the bullish structure. Target 1 is 0.009400, Target 2 is 0.009470. The risk-reward ratio is 1.5, which is acceptable in this kind of reducing position market. The biggest risk in chasing longs is missing out; with clear stop loss, execution is straightforward.
🎯Direction: Long
⚡Entry/Order: 0.00923421 - 0.00926200
🛑Stop loss: 0.00916938
🚀Target 1: 0.00940093
🚀Target 2: 0.00947039
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.
View real-time market 👇 $INX
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INX42.77%
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