[$MVLL Signal] After a 1H breakout, the market consolidates as the bulls gather strength for another push


$MVLL 1H RSI 72.15, the Bollinger upper band at 58.69 acting as resistance, funding rate 0.00%, bid depth 0.22, with sell orders clearly pressuring from above. After a 4H bullish candle with increased volume, volume then tapers into sideways consolidation; OI is stable, and turnover at the highs is sufficiently strong.

🎯Direction: Long

⚡Entry/Order: 56.5950 - 56.6800

🛑Stop Loss: 56.1132

🚀Target 1: 57.5302

🚀Target 2: 57.9553

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

Short-term momentum has not weakened. Although the sell wall is heavy, buy-side liquidity is quietly absorbing. The risk-reward ratio of 1.5 is worth taking a shot.
View real-time market 👇 $MVLL
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