【$1000SHIB Signal】Go long | Retrace to the 1H Bollinger Band midline to go long

RSI on the 4H touched the 82.66 high, but the Bid/Ask depth is thicker on the buy side than on the sell side by 1.17. The 1H MACD histogram has shrunk near the zero axis; bullish momentum is weakening but has not flipped to bearish. Price retraces to around 0.0051 on the 1H Bollinger Band midline and finds support. The current price 0.005547 is near the upper band, and short-term range-bound play is likely to continue with a rebound. Risk-reward ratio is 1.5, with a stop-loss distance of about 1%; worth a try.

🎯 Direction: Go long

⚡ Entry/Limit order: 0.00553036 - 0.00554700

🛑 Stop-loss: 0.00549153

🚀 Target 1: 0.00563021

🚀 Target 2: 0.00567181

🛡️ Trade management:
- Execute strategy: After reaching Target 1, reduce position by 50% and move the stop-loss up to break-even. If price falls back to the entry level, exit automatically to protect principal.

The 1H MACD momentum is contracting, but the 4H MACD is still expanding. The buy-side depth advantage provides support. The current price is in a high-funding-density zone; after short-term consolidation, it will most likely test the prior high to the upside.

View live market 👇 $1000SHIB
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
‍#直通IPO第二期JerseyMikes #夏日创作营 #Gate事件合约首发狂欢