【$B Signal】Go Long! 1H Strong Consolidation, Ready for a Second Breakout
$B The 1H timeframe has entered a strong sideways consolidation after yesterday's sharp rise, with the price building momentum near the previous high of 0.1674. The 4H timeframe has broken through the long-term downtrend, with EMA20 crossing above EMA50, indicating a mid-term trend reversal. Currently, the 1H RSI(69.88) is healthy and not in overbought territory, leaving room for a second upward push. Market depth shows substantial buy orders, and market logic suggests that the price increase is supported by stable open interest, not just a short squeeze. The main force appears to be protecting the market.
🎯Direction: Long (Long)
⚡Entry/Order: 0.1675 - 0.1680
🛑Stop Loss: 0.1620
🚀Target 1: 0.1750
🚀Target 2: 0.1820
🛡️Trade Management: - Position Size Recommendation: Light position - Execution Strategy: After the price reaches 0.1750, take profit on 50% of the position, and move the stop loss of the remaining position up to the entry price of 0.1675. If the price strongly breaks through 0.1750 and stabilizes, consider moving the remaining stop loss to hold for higher targets.
Depth Logic: The 4H chart shows three consecutive bullish candles with large buy volume, confirming a trend reversal. The 1H chart has been oscillating within the 0.1650-0.1674 range for over 4 hours, a typical pattern of strong accumulation or rotation after a sharp rise. Open interest (OI) trend remains stable and has not declined during consolidation, indicating strong bullish positions. The 1-hour EMA20(0.1590) has crossed above EMA50(0.1490), with short-term moving averages aligned bullishly. The key resistance above is at 0.1714 (previous high); once broken, it could open up more space.
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【$B Signal】Go Long! 1H Strong Consolidation, Ready for a Second Breakout
$B The 1H timeframe has entered a strong sideways consolidation after yesterday's sharp rise, with the price building momentum near the previous high of 0.1674. The 4H timeframe has broken through the long-term downtrend, with EMA20 crossing above EMA50, indicating a mid-term trend reversal. Currently, the 1H RSI(69.88) is healthy and not in overbought territory, leaving room for a second upward push. Market depth shows substantial buy orders, and market logic suggests that the price increase is supported by stable open interest, not just a short squeeze. The main force appears to be protecting the market.
🎯Direction: Long (Long)
⚡Entry/Order: 0.1675 - 0.1680
🛑Stop Loss: 0.1620
🚀Target 1: 0.1750
🚀Target 2: 0.1820
🛡️Trade Management:
- Position Size Recommendation: Light position
- Execution Strategy: After the price reaches 0.1750, take profit on 50% of the position, and move the stop loss of the remaining position up to the entry price of 0.1675. If the price strongly breaks through 0.1750 and stabilizes, consider moving the remaining stop loss to hold for higher targets.
Depth Logic: The 4H chart shows three consecutive bullish candles with large buy volume, confirming a trend reversal. The 1H chart has been oscillating within the 0.1650-0.1674 range for over 4 hours, a typical pattern of strong accumulation or rotation after a sharp rise. Open interest (OI) trend remains stable and has not declined during consolidation, indicating strong bullish positions. The 1-hour EMA20(0.1590) has crossed above EMA50(0.1490), with short-term moving averages aligned bullishly. The key resistance above is at 0.1714 (previous high); once broken, it could open up more space.
View real-time market 👇 $B
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