【$MANA Signal】Ambush Rebound! 1H RSI Bottom Divergence, Order Book Buy Volume Accumulating
$MANA The 1H timeframe is building a potential double bottom structure, with RSI showing bottom divergence, and the price receiving multiple supports around 0.0942. Although the 4H timeframe is in a downtrend channel, open interest remains stable. Under negative funding rates, the risk of short squeeze increases, and a rebound on the 1H timeframe is imminent.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0955 - 0.0958 (Reason: 1H EMA20 resistance zone, a breakout confirms a short-term momentum shift)
🛑Stop Loss: 0.0940 (Reason: Breaking below the recent strong support at 0.0942 invalidates the structure)
🚀Target 1: 0.0975 (Reason: Resistance from the previous small 4H platform and EMA20 pressure)
🚀Target 2: 0.0990 (Reason: Resistance from the previous high on the 1H timeframe and strong pressure zone at 4H EMA50)
🛡️Trade Management:
- Position Size Suggestion: Light (Reason: The 4H trend remains bearish; this is a counter-trend rebound play)
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop-loss to entry price 0.0955. Hold the remaining position to aim for Target 2. If the price stalls around 0.0975, consider exiting completely.
Deep Logic: Market depth data shows buy volume (0.0940-0.0955) significantly exceeds sell volume (0.0957-0.0970), with a 25.45% depth imbalance, indicating strong support from major players. The 1H RSI (39.71) has recovered from oversold territory, forming a bullish divergence with new lows. Despite the 4H trend downward, open interest remains stable, and negative funding rates suggest short covering needs, fueling a short-term rebound.
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【$MANA Signal】Ambush Rebound! 1H RSI Bottom Divergence, Order Book Buy Volume Accumulating
$MANA The 1H timeframe is building a potential double bottom structure, with RSI showing bottom divergence, and the price receiving multiple supports around 0.0942. Although the 4H timeframe is in a downtrend channel, open interest remains stable. Under negative funding rates, the risk of short squeeze increases, and a rebound on the 1H timeframe is imminent.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0955 - 0.0958 (Reason: 1H EMA20 resistance zone, a breakout confirms a short-term momentum shift)
🛑Stop Loss: 0.0940 (Reason: Breaking below the recent strong support at 0.0942 invalidates the structure)
🚀Target 1: 0.0975 (Reason: Resistance from the previous small 4H platform and EMA20 pressure)
🚀Target 2: 0.0990 (Reason: Resistance from the previous high on the 1H timeframe and strong pressure zone at 4H EMA50)
🛡️Trade Management:
- Position Size Suggestion: Light (Reason: The 4H trend remains bearish; this is a counter-trend rebound play)
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop-loss to entry price 0.0955. Hold the remaining position to aim for Target 2. If the price stalls around 0.0975, consider exiting completely.
Deep Logic: Market depth data shows buy volume (0.0940-0.0955) significantly exceeds sell volume (0.0957-0.0970), with a 25.45% depth imbalance, indicating strong support from major players. The 1H RSI (39.71) has recovered from oversold territory, forming a bullish divergence with new lows. Despite the 4H trend downward, open interest remains stable, and negative funding rates suggest short covering needs, fueling a short-term rebound.
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