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【$MVLL Signal】1H bullish breakout, hard ceiling under deep sell pressure
$MVLL Deep sell pressure -63.71% accumulating but price holds at 56.68, 1H RSI 72 still running along the upper Bollinger Band.
4H big bullish candle with volume followed by sideways consolidation, bulls absorbing without giving ground.
🎯Direction: long
⚡Entry/Limit order: 56.5950 - 56.6800
🛑Stop loss: 56.1132
🚀Target 1: 57.5302
🚀Target 🛡 2: 57.9553
@E5️@Trade management:
- Execution strategy: Reduce position by 50% after hitting Target 1, and move stop loss to breakeven. If price falls back to entry, automatically exit to protect capital.
Price holding steady under this sell pressure – the determination of buy orders supporting the bid is worth noting.
View live quotes 👇 $MVLL
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