【$BILL Signal】Go long, pullback to 1H mid-band support

$BILL After 4H Bollinger upper band hit 0.0660 and topped out, it pulled back. The 1H RSI 54.8 has moved out of the overbought zone. A deep imbalance of -17.45% suggests sell pressure is fading. The price retraced to the 1H EMA20 (0.0586) and found support, with buyers regrouping. This adjustment sees shrinking volume, with clear signs of accumulation at lower levels. The risk-reward ratio of 1.5R is worth entering.
🎯 Direction: Go long
⚡ Entry / Place orders: 0.05990 - 0.06008
🛑 Stop-loss: 0.05948
🚀 Target 1: 0.06098
🚀 Target 2: 0.06143
🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut 50% of the position and move the stop-loss up to break-even. If price falls back to the entry area, automatically exit to protect principal.
The 4H MACD bullish bars keep shortening but have not formed a bearish cross. Stable OI indicates funds have not fled; the current pullback looks more like post-rise cleansing rather than a trend weakening. Closely monitor the 0.0595 support line—if it breaks, give up.
View live market 👇 $BILL
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