$龙虾 USDT (Longxia) | 1H Chart Analysis
Longxia is showing strong bullish momentum after bouncing from the 0.0374 area. Price is around 0.04817, up 15.74%, and approaching the 24H high near 0.04859.
Direction: LONG (on confirmation)
EP: 0.0468–0.0475, if price pulls back and holds this zone.
TP1: 0.04859
TP2: 0.0491
TP3: Not clear from this chart.
SL: Below 0.0460 as a potential invalidation level.
The chart shows a sharp recovery with strong green candles, but price is already close to the recent high. I wouldn't chase the move blindly. Agar price retest ke baad hold kare, the LONG setup looks more reasonable.
If price loses the entry zone, the breakout may fail and a deeper pullback could follow. A clean break above 0.04859 would add bullish confirmation.
What's your view — another push up or a pullback first?
#ChainBanterFamily #Longxia #BinanceSquare #TechnicalAnalysis #FuturesTrading
Longxia is showing strong bullish momentum after bouncing from the 0.0374 area. Price is around 0.04817, up 15.74%, and approaching the 24H high near 0.04859.
Direction: LONG (on confirmation)
EP: 0.0468–0.0475, if price pulls back and holds this zone.
TP1: 0.04859
TP2: 0.0491
TP3: Not clear from this chart.
SL: Below 0.0460 as a potential invalidation level.
The chart shows a sharp recovery with strong green candles, but price is already close to the recent high. I wouldn't chase the move blindly. Agar price retest ke baad hold kare, the LONG setup looks more reasonable.
If price loses the entry zone, the breakout may fail and a deeper pullback could follow. A clean break above 0.04859 would add bullish confirmation.
What's your view — another push up or a pullback first?
#ChainBanterFamily #Longxia #BinanceSquare #TechnicalAnalysis #FuturesTrading