【$H Signal】Pullback to buy! 1H pullback confirmation, main force clearly protecting the market
$H The 1H timeframe, after experiencing a volume surge, is undergoing a healthy pullback, with the price retracing to near the 1H EMA20 (0.2253) for support. The 4H timeframe has established an upward trend with a large bullish candlestick, currently showing a high-level doji star, indicating strong consolidation. Open interest remains stable, and there is no panic selling during the pullback, showing clear signs of main force protecting the market. Sell orders are stacked above 0.2317, creating short-term resistance, but the depth of buy orders is solid, limiting the pullback space.
🎯 Direction: Long (Long)
🎯 Entry/Order: 0.2260 - 0.2280 ( Reason: 1H EMA20 support zone + previous rally’s 0.382 Fibonacci retracement level )
🛑 Stop-loss: 0.2190 ( Reason: Break below the start of the 4H bullish candlestick and previous low support )
🚀 Target 2: 0.2520 ( Reason: Intraday high point, aiming for 1.618 extension after breakout )
🛡️ Trading Management:
- Position suggestion: Light position ( Reason: Hot Coin experiences high volatility and is in a high-level consolidation, risk control is necessary )
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop-loss up to the entry price. If the price strongly breaks through 0.2420 and stabilizes, consider trailing profits to target 2.
Depth logic: The 4H buy volume is huge, indicating large funds entering. The 1H RSI (56.65) has fallen from overbought to a healthy zone, preparing for another upward move. Although current takers are selling, the price has not dropped significantly, typical of main force accumulation or shakeout tactics. The funding rate at 0.005% is healthy, with no overheating risk. Combining ATR (0.0201), the stop-loss space is reasonable, with a risk-reward ratio >1.5, making it a good sniper setup.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$H Signal】Pullback to buy! 1H pullback confirmation, main force clearly protecting the market
$H The 1H timeframe, after experiencing a volume surge, is undergoing a healthy pullback, with the price retracing to near the 1H EMA20 (0.2253) for support. The 4H timeframe has established an upward trend with a large bullish candlestick, currently showing a high-level doji star, indicating strong consolidation. Open interest remains stable, and there is no panic selling during the pullback, showing clear signs of main force protecting the market. Sell orders are stacked above 0.2317, creating short-term resistance, but the depth of buy orders is solid, limiting the pullback space.
🎯 Direction: Long (Long)
🎯 Entry/Order: 0.2260 - 0.2280 ( Reason: 1H EMA20 support zone + previous rally’s 0.382 Fibonacci retracement level )
🛑 Stop-loss: 0.2190 ( Reason: Break below the start of the 4H bullish candlestick and previous low support )
🚀 Target 1: 0.2420 ( Reason: Previous high resistance level )
🚀 Target 2: 0.2520 ( Reason: Intraday high point, aiming for 1.618 extension after breakout )
🛡️ Trading Management:
- Position suggestion: Light position ( Reason: Hot Coin experiences high volatility and is in a high-level consolidation, risk control is necessary )
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop-loss up to the entry price. If the price strongly breaks through 0.2420 and stabilizes, consider trailing profits to target 2.
Depth logic: The 4H buy volume is huge, indicating large funds entering. The 1H RSI (56.65) has fallen from overbought to a healthy zone, preparing for another upward move. Although current takers are selling, the price has not dropped significantly, typical of main force accumulation or shakeout tactics. The funding rate at 0.005% is healthy, with no overheating risk. Combining ATR (0.0201), the stop-loss space is reasonable, with a risk-reward ratio >1.5, making it a good sniper setup.
Trade here 👇 $H
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #Gate广场发帖领五万美金红包