【$B Signal】Long! 1H pullback confirmation, main force clearly defending the market, short squeeze imminent
$B The 1H timeframe, after experiencing a massive rally, is now consolidating strongly in the 0.162-0.165 range, a typical air refueling pattern. The 4H timeframe has formed three consecutive bullish candles breaking through, with EMA20/50 golden cross upward, trend established. Current price refuses deep correction, order book buy depth (0.162-0.1635) is much thicker than sell orders, indicating strong main force support. Open interest remains high, funding rates are healthy, creating a perfect environment for a short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: Enter around the current price of 0.1637 or in batches if it retraces to the 0.1620-0.1625 range
🛑Stop Loss: 0.1595 (Break below the starting point of the previous 1H large bullish candle and EMA50 support)
🚀Target 1: 0.1715 (Previous high resistance level)
🚀Target 2: 0.1800 (Extended target based on ATR measurement)
🛡️Trade Management:
- Position size recommendation: Standard position (no more than 3% of total funds)
- Execution strategy: Use a 1-2-2 scaling-in method. Enter 1 part at current price, 2 parts around 0.1622. After reaching Target 1, close 50%, and move the remaining stop loss up to 0.1640 (break-even). After reaching Target 2, close the remaining 50%. If the price cannot break above 0.1650 within 1 hour of entry, consider halving the position.
Depth logic: Market signals indicate rising prices, combined with open interest, suggest it’s not just short covering but also new funds entering. Although RSI(70.95) on the 1H is high, it’s not exhausted, leaving room for further upward movement. The 4H RSI(77.37) shows strength but short-term overheating should be watched. Key is the order book imbalance—5.49%—selling pressure concentrated above 0.164. Once broken, it will trigger stop-loss orders from shorts, accelerating the rise. The 0.1600-0.1620 zone below is heavily stacked with buy orders, making it an excellent defense and counterattack area.
View real-time market 👇 $B
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【$B Signal】Long! 1H pullback confirmation, main force clearly defending the market, short squeeze imminent
$B The 1H timeframe, after experiencing a massive rally, is now consolidating strongly in the 0.162-0.165 range, a typical air refueling pattern. The 4H timeframe has formed three consecutive bullish candles breaking through, with EMA20/50 golden cross upward, trend established. Current price refuses deep correction, order book buy depth (0.162-0.1635) is much thicker than sell orders, indicating strong main force support. Open interest remains high, funding rates are healthy, creating a perfect environment for a short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: Enter around the current price of 0.1637 or in batches if it retraces to the 0.1620-0.1625 range
🛑Stop Loss: 0.1595 (Break below the starting point of the previous 1H large bullish candle and EMA50 support)
🚀Target 1: 0.1715 (Previous high resistance level)
🚀Target 2: 0.1800 (Extended target based on ATR measurement)
🛡️Trade Management:
- Position size recommendation: Standard position (no more than 3% of total funds)
- Execution strategy: Use a 1-2-2 scaling-in method. Enter 1 part at current price, 2 parts around 0.1622. After reaching Target 1, close 50%, and move the remaining stop loss up to 0.1640 (break-even). After reaching Target 2, close the remaining 50%. If the price cannot break above 0.1650 within 1 hour of entry, consider halving the position.
Depth logic: Market signals indicate rising prices, combined with open interest, suggest it’s not just short covering but also new funds entering. Although RSI(70.95) on the 1H is high, it’s not exhausted, leaving room for further upward movement. The 4H RSI(77.37) shows strength but short-term overheating should be watched. Key is the order book imbalance—5.49%—selling pressure concentrated above 0.164. Once broken, it will trigger stop-loss orders from shorts, accelerating the rise. The 0.1600-0.1620 zone below is heavily stacked with buy orders, making it an excellent defense and counterattack area.
View real-time market 👇 $B
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Follow me: Get more real-time analysis and insights on the crypto market!