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【$TRADOOR Signal】Pullback to go long / Capital support
$TRADOOR 1H timeframe is consolidating around 5.38, with the 4H Bollinger Band upper band at 5.99 acting as resistance, but buy orders below are significantly stronger than sell orders, revealing capital support intentions. After the MACD bullish crossover, momentum slightly contracts, which is a typical high-level turnover rather than a trend end.
🎯Direction: Pullback to buy
⚡Entry/Order placement: When the price retraces to the 4.31 - 5.355 range lower boundary, gradually accumulate positions.
🛑Stop loss: 3.859
🚀Target 1: 5.379
🚀Target 2: 5.400
🛡️Trade management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
Order book shows buy orders stacking up, with depth imbalance reaching -23.42%, and sparse short orders. The 0.244% funding rate isn't extreme, but combined with stable open interest, indicating bulls are still active. The 1H RSI around 63 leaves room for upward movement. Under this structure, chasing the high directly carries risks, but the strong support below makes a better risk-reward strategy to wait for a shallow retracement.
Check real-time market 👇 $TRADOOR
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