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【$4 Signal】Pullback confirmation complete, bulls strike again
$4 1H level surges higher then consolidates, 4H Bollinger Bands have broken above the upper band, and the price is operating in a strong zone. RSI 1H is at 73.72, bullish momentum remains but has entered overbought territory. After the MACD on the 4H chart formed a golden cross, the histogram continues to expand, indicating strong trend momentum. Market depth data shows buy orders significantly outweigh sell orders, with clear capital support intentions.
🎯 Direction: Long
⚡ Entry/Order: 0.01530 - 0.01535
🛑 Stop Loss: 0.01475
🚀 Target 1: 0.01575
🚀 Target 2: 0.01620
🛡️Trade Management:
- Execution Strategy: Reduce position by 50% after reaching Target 1, and move stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
Current position size remains stable, funding rate at 0.0427% is healthy, with no signs of excessive leverage. The 1-hour EMA20 at 0.0143 provides dynamic support, and the price staying above it indicates the short-term trend remains intact. The 4-hour chart has formed consecutive bullish candles with increased volume, breaking through previous consolidation levels, with selling pressure above gradually absorbed. Under this structure, risk-reward remains attractive, but caution is advised regarding potential short-term pullback risks from RSI being in overbought territory. Strict stop-loss discipline is required after entry.
View real-time market 👇 $4
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