【$M Signal】Bearish momentum accelerating, sell on bounce


$M 1H MACD histogram -0.0106, bearish momentum spreading faster. Price continues to face pressure after retracing from 1.5843, with 4H Bollinger mid-band at 1.3476 forming resistance. Buy-side depth is large but unable to push price higher, funding rate at 0.019% is relatively high.
🎯Direction: Short
⚡Entry/Limit order: 1.321623 - 1.325600
🛑Stop loss: 1.338856
🚀Target 1: 1.305716
🚀Target 2: 1.295774
🛡️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 principal.
1H RSI 48.4 neutral to weak, sell-side limit orders pressing down, with insufficient buying interest below. In this structure, rebound momentum is limited, suitable for shorting at highs.
View real-time quotes 👇 $M
---
Follow me: Get more real-time analysis and insights on the crypto market!
#GUSD年化升至3.8% $BTC $ETH $SOL
GUSD-0.03%
BTC-1.55%
ETH-2.18%
SOL-2.34%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned