[$4 Signal] Long - 1H Breakout of Bollinger Upper Band + Bid Depth 2x


$4 RSI 1H 79.82, bid depth 2.02x, funds continuously pushing up. Price broke through the 1H Bollinger upper band at 0.0120, and the MACD histogram continues to expand. The 4H also broke through the upper band at 0.0115, showing fierce bullish momentum. Order book shows active buying, with sell pressure quickly absorbed. Current risk-reward ratio is 1.5, and the stop loss is tight, making it worth a trade.
🎯Direction: long
⚡Entry/Pending Order: 0.01208065 - 0.01211700
🛑Stop Loss: 0.01199583
🚀Target 1: 0.01229875
🚀Target 2: 0.01238963
🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If the price falls back to the entry point, exit automatically to protect principal.
Deep logic: OI is stable but the funding rate is slightly high at 0.0489%, increasing long position holding cost. Be cautious of short-term profit-taking. However, the bid depth advantage is clear, short-term momentum remains, follow the trend.
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