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[$MVLL Signal] 1H strong upward push + deep support bottom, long continues
$MVLL 1H RSI surged to 79.47, bid depth ratio of 1.47 forms strong support. 4H volume exploded to 110k lots, capital continues to pour in, price stands firmly above the Bollinger upper band at 54.41.
🎯Direction: long
⚡Entry/Limit order: 56.4552 - 56.5400
🛑Stop loss: 55.9746
🚀Target 1: 57.3881
🚀Target 2: 57.8122
🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss up to breakeven. If price falls back to entry, exit automatically to protect principal.
1H momentum shows no exhaustion, but RSI at high levels requires caution for short-term pullback wicks. Depth data shows dense active buy orders, selling pressure is quickly absorbed, this risk/reward ratio is worth taking.
View real-time quotes 👇 $MVLL
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