#Gate蓝龙虾重磅上线 【$AXS Signal】Pullback to go long! 1H pullback confirmation, waiting for a second rally

After experiencing a volume surge and rally at the 1H level, the price is now undergoing a healthy decrease with reduced volume, closely supported by the 1-hour moving average. The 4-hour timeframe has broken through the previous consolidation range, indicating a trend reversal to upward, but the current price is far from the 4-hour moving average, making chasing the high riskier. Open interest remains stable, and negative funding rates suggest that bears are still paying fees, hinting at a potential short squeeze. The order book shows deep buy-side support with strong support below.

🎯 Direction: Long (buy on pullback)

⚡ Entry/Order: 1.131 - 1.137

🛑 Stop Loss: 1.131

🚀 Target 1: 1.150

🚀 Target 2: 1.156

🛡️ Trading Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price falls back to the entry level, exit automatically to protect capital.

Depth Logic: The 4-hour chart shows the price has broken above key moving averages, confirming the short-term downtrend has been reversed. The RSI on the 1-hour chart is in a healthy zone and not overbought, leaving room for further upside. Although recent one-hour buy strength has slightly weakened, the overall order book shows significant buy orders accumulated in the 1.131-1.137 range, forming an effective support zone. Combined with negative funding rates and stable open interest, this is a typical bullish accumulation structure, waiting for a pullback confirmation to launch a second attack.

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