【$M Signal】4H bullish support, 1H pullback for long entry

$M RSI 1H 61.3, buy-side depth tilt 5.89%, orders concentrated near 1.618. 4H MACD bullish but bars contracting, price rapidly bounced after retracing to EMA20_1H 1.4986. Volume shrinking, signs of exhausted selling pressure.
🎯Direction: Long
⚡Entry/Limit Order: 1.61315 - 1.61800
🛑Stop Loss: 1.60182
🚀Target 1: 1.64227
🚀Target 2: 1.65441
🛡️Trade Management:
- Execution strategy: Reduce position by 50% upon reaching Target 1, and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect capital.
1H Bollinger Band midline 1.4969 acts as a cushion, funding rate 0.005% shows no extreme pressure. Risk-reward ratio 1.5, intraday volatility 0.2348, low probability of a wick entry.
View real-time quotes 👇 $M
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