【$MON Signal】Pullback to go long, maximize risk-reward ratio

$MON After breaking the 1H level and consolidating at high levels, the 4H Bollinger Bands are opening upward, and the price is holding above the upper band. RSI on the 1H chart surges to 79, indicating short-term overbought conditions, but the 4H MACD shows a continued bullish crossover with increasing momentum, clearly indicating capital support.

🎯Direction: Long

⚡Entry/Order: 0.02920 - 0.02995

🛑Stop Loss: 0.02880

🚀Target 1: 0.03455

🚀Target 2: 0.03685

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

Order book depth shows strong buy orders clustered around 0.0323-0.0324, quickly absorbing selling pressure. Open interest remains stable, funding rate is only 0.005%, indicating low short squeeze risk. The 20 EMA on the 1H chart at 0.0301 provides dynamic support. This risk-reward setup is indeed attractive; patience for a pullback is the best entry.

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