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【#Gate蓝龙虾重磅上线 Signal】Pullback to buy! 1H pullback confirmation, main force clearly intends to support the market
The 1H timeframe has experienced a massive rally and is now consolidating strongly above a critical support zone. The 4H timeframe has formed a clear upward trend, with the price far from EMA50 and medium-term momentum strong. Currently, the 1H candlestick has pulled back to near EMA20 for support, with buy orders significantly thicker than sell orders, indicating strong willingness from the main force to support the market. This is an excellent opportunity for a second entry.
🎯 Direction: Long
⚡ Entry/Order: 0.003686 - 0.003781
🛑 Stop Loss: 0.003600
🚀 Target 1: 0.004505
🚀 Target 2: 0.004867
🛡️ Trading Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price strongly breaks through Target 1 and stabilizes, move the remaining position's stop loss to hold and aim for Target 2.
$US Depth Logic: The 4-hour chart shows continuous volume-increasing bullish candles, with open interest remaining stable, indicating that the rally is driven by genuine buying rather than short covering. The RSI on the 1-hour chart has healthyly fallen from high levels to around 65, preparing for another upward move. Market depth data shows unusually thick buy orders below 0.00406, forming a solid support wall with significant downward resistance. Combined with positive funding rates, market sentiment remains stable, and the pullback is an opportunity. $US
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