【$CRV Signal】Long - 1H stabilizes above EMA, strong accumulation in order book
$CRV The 1H timeframe has stabilized above EMA20 (0.2448) and crossed above EMA50 (0.2444), with the price gathering strength at the upper edge of the key consolidation zone. Although the 4H timeframe is still under pressure from EMA50 (0.248), the latest 4H candle closed with increased volume and a positive close, with buying interest (0.52) prevailing, indicating the main force is supporting the market. Market depth shows significant buy orders (large volume in the 0.235-0.245 range), while sell orders are relatively sparse, with a depth imbalance of 17.28%, favoring an upward breakout.
🎯Direction: Long (Long)
🎯Entry/Order: 0.245 - 0.246 (Reason: 1H EMA20/50 dual support zone, current market is in a dense trading area )
🛑Stop Loss: 0.239 (Reason: Break below previous 4H low and ATR lower band )
🚀Target 1: 0.252 (Reason: Previous high resistance level on 4H timeframe )
🚀Target 2: 0.260 (Reason: Lower boundary of the previous oscillation platform on the daily chart )
🛡️Trade Management:
- Position size suggestion: Light position (Reason: 4H trend not fully confirmed, short-term play )
- Execution strategy: After price reaches 0.252, reduce position by 50% and move stop loss to entry price 0.245. Hold remaining position for the second target; if price retraces and breaks below 0.245, exit all positions.
Depth logic: Open interest (OI) remains stable, and after the price rise, there is no significant pullback, indicating not a short squeeze but rather sustained buying. The 1H RSI (55.74) is in a healthy bullish zone with room to move higher. Combining market logic indicating “price rising, consider whether main force is entering or shorts are squeezing,” current data more strongly supports the main force supporting the market. Heavy buy orders below provide a solid buffer for the price.
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PengDuoduo
· 13h ago
Wishing you great wealth in the Year of the Horse 🐴
【$CRV Signal】Long - 1H stabilizes above EMA, strong accumulation in order book
$CRV The 1H timeframe has stabilized above EMA20 (0.2448) and crossed above EMA50 (0.2444), with the price gathering strength at the upper edge of the key consolidation zone. Although the 4H timeframe is still under pressure from EMA50 (0.248), the latest 4H candle closed with increased volume and a positive close, with buying interest (0.52) prevailing, indicating the main force is supporting the market. Market depth shows significant buy orders (large volume in the 0.235-0.245 range), while sell orders are relatively sparse, with a depth imbalance of 17.28%, favoring an upward breakout.
🎯Direction: Long (Long)
🎯Entry/Order: 0.245 - 0.246 (Reason: 1H EMA20/50 dual support zone, current market is in a dense trading area )
🛑Stop Loss: 0.239 (Reason: Break below previous 4H low and ATR lower band )
🚀Target 1: 0.252 (Reason: Previous high resistance level on 4H timeframe )
🚀Target 2: 0.260 (Reason: Lower boundary of the previous oscillation platform on the daily chart )
🛡️Trade Management:
- Position size suggestion: Light position (Reason: 4H trend not fully confirmed, short-term play )
- Execution strategy: After price reaches 0.252, reduce position by 50% and move stop loss to entry price 0.245. Hold remaining position for the second target; if price retraces and breaks below 0.245, exit all positions.
Depth logic: Open interest (OI) remains stable, and after the price rise, there is no significant pullback, indicating not a short squeeze but rather sustained buying. The 1H RSI (55.74) is in a healthy bullish zone with room to move higher. Combining market logic indicating “price rising, consider whether main force is entering or shorts are squeezing,” current data more strongly supports the main force supporting the market. Heavy buy orders below provide a solid buffer for the price.
View real-time market 👇 $CRV
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