【$H Signal】Pullback to go long! 1H pullback confirmation, main force clearly intends to support the market

$H After experiencing a sharp rise yesterday, the 1H level is undergoing a healthy pullback and consolidation, with the price supported around 0.220. The 4H level has established an upward trend with a large bullish candle, and the current pullback is an excellent second-entry opportunity. Open interest remains high, and funds have not significantly withdrawn, indicating a clear intention by the main force to support the market.

🎯Direction: Long (Long)

🎯Entry/Order: 0.218 - 0.221 (Reason: 1H EMA20 support zone & first pullback after yesterday’s breakout)

🛑Stop loss: 0.210 (Reason: Break below previous 1H candle low of 0.2125 and psychological level of 0.210, ATR-based stop loss)

🚀Target 1: 0.236 (Reason: Previous high resistance level, 4H Fibonacci 0.618 extension)

🚀Target 2: 0.245 (Reason: Yesterday’s high, look for 1.618 extension after breakout)

🛡️Trading management:

- Position suggestion: Light position (Reason: Intraday volatility is extremely high, with daily amplitude exceeding 30%, control risk)

- Execution strategy: When the price reaches 0.236, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.221. If the price strongly breaks through 0.245 and stabilizes, consider moving the stop loss to hold for a bigger trend.

Deep logic: The 4H level shows volume and price rising together, with buying power erupting. Although the 1H RSI(61.86) has fallen back from overbought territory, it is a healthy correction. Market depth data shows buy order depth (bid_ask_ratio_depth: 1.08) slightly better than sell, and there are dense buy orders around 0.2205, providing strong support. The funding rate of 0.0321% is positive but not high, with no extreme short squeeze risk. Combined with stable open interest, this is a typical structure of main force pushing up followed by a shakeout, making the pullback an opportunity.

Trade here 👇 $H

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