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【$BILL Signal】Go long + 1H momentum acceleration, breaking above the upper Bollinger Band
$BILL RSI 1H surged to 83, and the upper Bollinger Band at 0.0476 has been continuously tested by three real K-lines. Buy-side orders are densely piled up in the 0.0470-0.0472 area; although sell-side depth is large, it has not been able to suppress the price moving higher. The 1H MACD histogram continues to expand, with no sign of the long momentum exhausting.
🎯 Direction: Go long
⚡ Entry / Orders to place: 0.0472777 - 0.0474200
🛑 Stop-loss: 0.0469458
🚀 Target 1: 0.0481313
🚀 Target 2: 0.0484870
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce position size by 50% and move the stop-loss up to the breakeven level. If price falls back to the entry level, automatically exit to protect the principal.
At this stage, the risk-reward ratio is about 1.5, the funding rate is only 0.005%, the position is stable, and the longs have not yet overheated. However, the 1H RSI is severely overbought; if it cannot pull away from 0.0476 with volume within half an hour, the risk of a fake breakout needs to be watched.
View live market 👇 $BILL
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