【$M Signal】Bulls strongly break through Bollinger Bands, chasing long to snipe


RSI 1H soared to 81.68, the upper Bollinger Band at 1.0474 has been left behind. 4H MACD bullish divergence, histogram 0.0855 still increasing. Order book selling pressure slightly heavy (Bid/Ask 0.72), but the intent to support the price is fully exposed by consecutive bullish candles on 1H. Buying density around 1.11 is good, chasing long has a risk-reward ratio of 1.5. As long as strict stop loss is set, the win rate is favorable.
🎯Direction: Long
⚡Entry/Pending Order: 1.108465 - 1.111800
🛑Stop Loss: 1.056210
🚀Target 1: 1.195185
🚀Target 2: 1.236877
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically to protect capital.
In-depth Logic: 1H MACD second golden cross above zero axis, volume has not shrunk. Chasing highs in overbought zone requires caution, but short-term bullish momentum has not exhausted. Funding rate 0.0322% is not at extreme levels, OI stable indicates no major selling pressure.
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