【$H Signal】Pullback to add longs + 1H strong breakout after healthy retest



$H On the 1-hour chart, after a massive rally, the price is currently consolidating strongly at high levels. It has moved far away from the 1-hour moving average, and RSI indicates extreme overbought conditions, making chasing the high very risky. However, the 4-hour trend remains strong, with trading volume stable, indicating that funds have not significantly exited. This is a typical healthy rotation during a main upward wave. Currently, selling pressure slightly exceeds buying pressure, creating conditions for a pullback.

🎯Direction: Long (pullback orders)

⚡Entry/Order: 0.1640 - 0.1677

🛑Stop Loss: 0.1590

🚀Target 1: 0.1800

🚀Target 2: 0.1950

🛡️Trade Management:

- Execution Strategy: If the order is filled, reduce position by 50% after reaching Target 1, and move the stop loss up to the entry price. Hold the remaining position for Target 2. If the price retraces and breaks below the moving stop loss, exit all positions.

Depth Logic: The past 24 hours saw nearly 50% gains, indicating strong momentum. The 1-hour chart needs a retest of the EMA20 (around 0.1674) to confirm the overbought signals and accumulate strength for a second rally. The 4-hour EMA50 has formed a strong support, and trading volume remains stable during the price increase, suggesting it’s not purely a short squeeze but with signs of main force support. The 0.1600-0.1640 zone below is a confluence of previous high support turned support and the 4-hour EMA50, making it an ideal sniper entry point.

Check real-time market 👇 $H

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