【$SCRT Signal】Waiting for a pullback, sniper long position

$SCRT After a surge on the 1H timeframe, RSI soared to 76.24, indicating a buy-side gap. The upper band of the 4H Bollinger Bands at 0.1131 has been pierced, MACD histogram still expanding, but the price and indicator divergence is widening. Market depth is imbalanced at -3%, with thicker sell orders, and active buying is clearly consuming liquidity. At a negative rate of -0.0251%, open interest remains stable, but bullish sentiment is weak; this divergence warrants caution.

The risk of chasing above 0.11466 is very high, and the risk-reward ratio is not favorable. A more prudent strategy is to wait for a decent correction, around 0.102, before considering going long.

🎯Direction: Buy on pullback with pending orders

⚡Entry/Order: 0.10200

🛑Stop loss: 0.09652

🚀Target 1: 0.11298

🚀Target 2: 0.11847

🛡️Trade management: - Execute strategy: After the price reaches 0.11298, halve the position, and move the remaining stop loss up to the entry price of 0.10200. If the pending order does not move higher and instead falls back to 0.102, abandon the trade.

Currently, the enthusiasm is driven more by chasing gains than by solid position growth. The 1H EMA50 at 0.1022 resonates with the 4H midline at 0.1021, forming an ideal support zone for a correction. If the price can retest this area with decreasing volume, it will be a higher-quality bullish entry signal.

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