$TAKE 1 The H level is currently in a healthy profit-taking phase after experiencing a massive rally, with prices finding initial support near EMA20(1H). The 4H level has broken through the recent consolidation range, and the trend has turned upward; the current pullback is an excellent second entry opportunity.
🎯 Direction: Long
🎯 Entry/Order: 0.0201 - 0.0203 (Positioning in batches near the current price)
🛑 Stop Loss: 0.0197 (Break below the previous 1H candle low and EMA50(1H) support)
🚀 Target 1: 0.0215 (Previous high resistance zone)
🚀 Target 2: 0.0225 (Previous high at 4H level and Fibonacci extension level)
🛡️ Trade Management:
- Position Suggestion: Light Position (Reason: Day-time volatility is severe, risk must be strictly controlled)
- Execution Strategy: After entry, if the price rapidly rises to Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. The remaining position aims for Target 2. If the price consolidates in the entry zone for more than 4 1H candles without starting, consider halving the position or exiting at break-even.
In-depth Logic: The market shows the main force's determination to protect the price. Although the latest 1-hour candle closed lower with a buy order ratio of only 41%, the open interest (OI) remains stable and has not significantly decreased due to price pullback, indicating that long positions are not panicking. Depth of the order book indicates that buy orders have accumulated over 700,000 U in the 0.0201-0.0202 range, forming a solid support wall. The 1H RSI (55.2) has healthily pulled back from the overbought zone, gathering strength for another upward movement. Combined with the trend of breakout on the 4H level, this pullback is a typical "breakout-pullback-restart" pattern, and snipers should decisively position themselves.
Check real-time market data 👇$TAKE
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