【$M Signal】Long Buy + 1H Support Confirmed

$M 4H MACD red bars narrowing, but 1H MACD bearish divergence has persisted for 2 candles, with price oscillating in a narrow range of 1.60-1.62. Current quote 1.6062, approximately 2.8% from the 1H Bollinger middle band at 1.5626. Buying depth is dense around 1.60, with a Bid/Ask depth ratio of 1.46 indicating strong order absorption. The funding rate at 0.0206% is slightly high but OI is stable, and short-term shorts are not dominant.

🎯Direction: long

⚡Entry/Limit Order: 1.601381 - 1.606200 current price range direct snipe

🛑Stop Loss: 1.590138

🚀Target 1: 1.630293

🚀Target 2: 1.642340

🛡Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven level. If price falls back to entry level, exit automatically to protect capital.

Deep Logic: 1H RSI at 59.58 has not entered overbought territory; 4H RSI at 70.89 is high but not extreme. The bullish intent to push upward remains. Risk-reward ratio of 1.5 is acceptable. The short-term bet hinges on whether the key 1.60 integer level can hold. If it breaks, the stop loss will be triggered.
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