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【#Gate蓝龙虾重磅上线 Signal】Pullback on Long Entry + Strong Breakout at 1H Level with Healthy Retracement
The 1H level has just experienced a historic surge with massive volume, with a single candle increasing over 30%. It is currently in a strong consolidation phase at high levels. The 4H level has confirmed a breakout of the long-term downtrend line, indicating a strong trend reversal signal. The current price has slightly retraced from the high, which is an ideal opportunity to prepare for the next rally and a great chance to re-enter.
🎯 Direction: Long
⚡ Entry/Order: 0.00390 - 0.00398, staggered entries
🛑 Stop Loss: 0.00380
🚀 Target 1: 0.00430
🚀 Target 2: 0.00446
🛡️ Trading Management:
- Execution Strategy: Reduce position by 50% after reaching Target 1, and move the stop loss up to the entry price of 0.00398. Hold the remaining position to aim for Target 2. If the price strongly breaks above 0.0045, continue holding for higher potential.
$SOLV Depth Logic: This surge was accompanied by record-breaking volume, indicating it is not retail-driven. Although the 1-hour RSI is in the overbought zone, the price has refused to undergo a deep retracement, forming a strong support level above 0.0044, showing clear institutional support. Open interest remains stable without collapsing due to profit-taking. Market depth data shows extremely thick buy orders below, providing a solid foundation for the price. Negative funding rates suggest that short sellers are still paying fees, indicating that the short squeeze phase may not be over yet. $SOLV
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