$CHR Signal】Pullback to buy; the main force’s support intention is clear


$CHR 4-hour timeframe: a high-volume breakout above the upper Bollinger band; RSI 70.13 shows strong momentum but not overbought. Order book depth shows very thick buy limit orders in the 0.0181 to 0.0188 range, fully revealing the intention to provide capital support. Chasing longs at this point is basically giving away money—be patient and wait for a pullback.

🎯Direction: Long

⚡Entry/Order: Place orders in batches in the 0.0186 - 0.0188 range

🛑Stop loss: 0.0182

🚀Target 1: 0.0207

🚀Target 2: 0.0216

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce 50% of the position, and move the stop loss up to break-even. If the price drops back to the entry level, you will be automatically exited to protect the principal.

The position size stays stable. After the price rises, there has been no large-scale liquidation, and the main force’s support is clearly visible. If the 1-hour timeframe can pull back to around 0.0186, it will form an excellent risk-reward opportunity. The MACD histogram is still expanding, and bullish momentum has not yet been exhausted. The buy-side order book depth is more than 1.5 times the sell-side, so there’s a high probability that selling pressure will be absorbed quickly.

View real-time market 👇 $CHR
---
Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
#Gate广场四月发帖挑战 #加密市场行情震荡 #国际油价走高
CHR11,71%
BTC0,03%
ETH-0,18%
SOL1,86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin