【$AR Signal】After a violent shakeout, target a 1H level rebound!
$AR The 1H level just experienced a legendary shakeout, dropping from 1.946 to 1.528, then V-shaped rebound of over 17%, currently holding above the 1H EMA20. Although the 4H level is still in a downtrend channel, the massive lower shadow (1.528) on the 1H chart forms strong intraday support, and open interest remains stable, indicating the sharp decline was not caused by main players offloading but by long liquidation. The current price around 1.79 consolidates, presenting an excellent short-term sniper opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 1.775 - 1.785 (Enter in batches near the current price)
🛑Stop Loss: 1.525 (Decisively break below the shakeout low)
🚀Target 1: 1.850 (Previous small platform resistance)
🚀Target 2: 1.920 (4H EMA50 and yesterday’s high area)
🛡️Trading Management:
- Position: Light. In such volatility, position management is the key.
- Strategy execution: After reaching 1.850, reduce position by 50%, and move the remaining stop loss up to the entry price of 1.785. If the price strongly breaks through 1.860, move the stop loss to 1.820 to aim for the second target.
(Deep Logic: The 1-hour RSI has strongly rebounded from oversold territory to 45, indicating increasing momentum. The order book shows a large number of buy orders stacked in the 1.77-1.78 area, forming immediate support. Although the daily trend is downward, the violent shakeout + quick recovery on the 1H chart is a typical precursor to a short squeeze. Negative funding rates also increase the likelihood of a short squeeze. Watch whether the price can hold above 1.80; if it does, the rebound space opens up.)
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【$AR Signal】After a violent shakeout, target a 1H level rebound!
$AR The 1H level just experienced a legendary shakeout, dropping from 1.946 to 1.528, then V-shaped rebound of over 17%, currently holding above the 1H EMA20. Although the 4H level is still in a downtrend channel, the massive lower shadow (1.528) on the 1H chart forms strong intraday support, and open interest remains stable, indicating the sharp decline was not caused by main players offloading but by long liquidation. The current price around 1.79 consolidates, presenting an excellent short-term sniper opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 1.775 - 1.785 (Enter in batches near the current price)
🛑Stop Loss: 1.525 (Decisively break below the shakeout low)
🚀Target 1: 1.850 (Previous small platform resistance)
🚀Target 2: 1.920 (4H EMA50 and yesterday’s high area)
🛡️Trading Management:
- Position: Light. In such volatility, position management is the key.
- Strategy execution: After reaching 1.850, reduce position by 50%, and move the remaining stop loss up to the entry price of 1.785. If the price strongly breaks through 1.860, move the stop loss to 1.820 to aim for the second target.
(Deep Logic: The 1-hour RSI has strongly rebounded from oversold territory to 45, indicating increasing momentum. The order book shows a large number of buy orders stacked in the 1.77-1.78 area, forming immediate support. Although the daily trend is downward, the violent shakeout + quick recovery on the 1H chart is a typical precursor to a short squeeze. Negative funding rates also increase the likelihood of a short squeeze. Watch whether the price can hold above 1.80; if it does, the rebound space opens up.)
Check real-time quotes 👇 $AR
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