【#Gate蓝龙虾重磅上线 Signal】Waiting for a pullback to go long, betting on a continuation of the 1H rebound

The 1H timeframe is showing strong consolidation above the EMA20, just testing the 1.825 resistance with increased volume. The 4H timeframe is still in a corrective rebound within a downtrend channel, but the 1H momentum has already turned strong, presenting a short-term opportunity for an upward breakout. The current price is 1.816, very close to the first level of sell orders. Chasing the high directly carries poor risk-reward, so patience is needed to wait for a better entry point.

🎯 Direction: Long (wait for a pullback to place orders)

⚡ Entry/Order: 1.798 - 1.805

🛑 Stop Loss: 1.786

🚀 Target 1: 1.821

🚀 Target 2: 1.833

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price pulls back to the breakeven stop loss level after moving, exit all positions.

Order Book Logic: The 1-hour RSI is firmly above 60, indicating healthy momentum. Market depth data shows buy orders are significantly thicker than sell orders, with a large accumulation of buy orders around 1.80, forming a strong support. Open interest remains stable, and the price increase is driven by genuine buying rather than short covering. Coupled with the 1H EMA20 turning upward, a pullback to this moving average area is an ideal low-risk sniper entry point.

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