$RECALL Signal】Long | Healthy Consolidation After Oversold Rebound



$RECALL After experiencing a 20%+ violent surge, it is now undergoing healthy consolidation below a key resistance level, which is a typical pre-breakout buildup pattern.

🎯Direction: Long

🎯Entry: 0.0505 - 0.0512

🛑Stop Loss: 0.0490 (Rigid stop loss, break below previous low and EMA20 support)

🚀Target 1: 0.0550

🚀Target 2: 0.0585

Market Analysis: Price rebounded violently from a historical low of 0.042, breaking above EMA20(0.0466) and retesting for confirmation. The 4-hour chart shows a healthy structure of volume expansion during upward movement and volume contraction during pullbacks, with strong buying absorption.

Logical Core: 1) Deep imbalance reaches 4.01%, with buy orders significantly thicker than sell orders, indicating strong support below. 2) Funding rate is only 0.005%, with no short squeeze risk, indicating a healthy upward foundation. 3) RSI(64) has recovered from oversold territory to neutral, leaving room for further upward movement. 4) The key resistance zone of 0.052-0.054 is a previous high; a volume breakout here could open the way for further gains. The current volume-contracted consolidation around 0.051 is a low-risk entry point.

Trade here 👇 $RECALL

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
RECALL21,01%
BTC-0,76%
ETH-0,59%
SOL-1%
View Original
post-image
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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)