$PTB Signal】Bulls push forward, but prices face pressure at higher levels; 1H volume decay is a warning sign


$PTB RSI on the 1H surged to 79.63, and the 4H MACD histogram has started to contract. The sell-side depth ratio is 56%, and heavy selling pressure is gradually becoming visible at higher levels. The funding rate of 0.0234% remains positive, while long positions’ cost basis increases. On the 1H candlesticks, three consecutive candles formed upper wicks, and buying momentum has clearly slowed.
🎯Direction: LONG (go long)
⚡Entry / limit orders: 0.000592410 - 0.000593300
🛑Stop loss: 0.000587367
🚀Target 1: 0.000602199
🚀Target 2: 0.000606649
🛡️Trade management: - Execute the strategy: After reaching target 1, cut position by 50% and move the stop loss up to break-even. If the price falls back to the entry level, exit automatically to protect principal.
The current risk-reward ratio is about 1.5, and the stop-loss distance is only 1%, so short-term risk is controllable. The buy order depth is insufficient; if the 1H fails to quickly break through 0.000605, longs need to take profit in time.
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PTB8.81%
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