[$BB Signal] Pullback to Trend Support, Betting on a Secondary Surge
BB 1H level slightly retraced from the high of 0.03143, with the current price at 0.02916 still above the SUPERTREND support at 0.02302, maintaining a bullish structure. The 4H MACD fast and slow lines are diverging upwards above the zero line, while 1H volume is gradually shrinking, indicating limited selling pressure—this is a healthy consolidation after a sharp rise.
If the price can stabilize in the range of 0.0255 to 0.0265, it's a good entry point.
Set your stop-loss below 0.0240; if this level is breached, the short-term bullish structure weakens.
The first target is set at 0.0310, and if we break through, we can aim for 0.0330.
This kind of volume contraction near previous highs often indicates a buildup, with a favorable risk-reward ratio; the key is to accumulate in batches at the support zone.
After reaching the first target, halve your position and move the stop-loss on the remaining position to breakeven. OI (Open Interest) continues to grow, and there hasn't been a concentration of profit-taking. The 1H RSI has pulled back from the overbought zone to around 55, still in a strong area, indicating potential for another surge. The 4H Bollinger Bands are opening upwards, with the mid-band rising to around 0.0260; a pullback that doesn't break the mid-band will allow the trend to continue.
Check real-time market conditions 👇
---#加密市场反弹
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BB 1H level slightly retraced from the high of 0.03143, with the current price at 0.02916 still above the SUPERTREND support at 0.02302, maintaining a bullish structure. The 4H MACD fast and slow lines are diverging upwards above the zero line, while 1H volume is gradually shrinking, indicating limited selling pressure—this is a healthy consolidation after a sharp rise.
If the price can stabilize in the range of 0.0255 to 0.0265, it's a good entry point.
Set your stop-loss below 0.0240; if this level is breached, the short-term bullish structure weakens.
The first target is set at 0.0310, and if we break through, we can aim for 0.0330.
This kind of volume contraction near previous highs often indicates a buildup, with a favorable risk-reward ratio; the key is to accumulate in batches at the support zone.
After reaching the first target, halve your position and move the stop-loss on the remaining position to breakeven. OI (Open Interest) continues to grow, and there hasn't been a concentration of profit-taking. The 1H RSI has pulled back from the overbought zone to around 55, still in a strong area, indicating potential for another surge. The 4H Bollinger Bands are opening upwards, with the mid-band rising to around 0.0260; a pullback that doesn't break the mid-band will allow the trend to continue.
Check real-time market conditions 👇
---#加密市场反弹
Follow me for more real-time analysis and insights on the crypto market!