【#Gate蓝龙虾重磅上线 Signal】Long position on pullback + 1H strong support confirmation

After experiencing a massive rally, the 1H timeframe is undergoing a healthy correction and consolidation, with the price stabilizing above key EMA support. The 4H timeframe has formed a clear upward trend, and open interest remains stable, indicating that the rally is not purely driven by short sellers, with major funds accumulating. Currently, the 1-hour RSI has fallen from overbought territory to a healthy zone, and buying depth far exceeds selling, preparing for another upward move.
🎯 Direction: Long
⚡ Entry/Order: 14.83 - 15.21
🛑 Stop Loss: 14.51
🚀 Target 1: 18.03
🚀 Target 2: 19.44
🛡️ Trading Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price. The remaining position will be managed with a trailing stop to aim for Target 2. If the price retraces and breaks the trailing stop, exit all positions.
$BSV Depth Logic: The 4-hour chart shows a volume breakout structure, with the price firmly above all key moving averages. The 1-hour chart is supported strongly near the EMA20, and the latest 1-hour candlestick shows buy orders accounting for 66%, indicating strong buying support during the correction. The funding rate is negative, and combined with rising prices and stable open interest, there is potential for a short squeeze. Dense buy orders below provide solid buffer for the price. $BSV
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