【$BOB Signal】Pullback to accumulate and second surge, 1H pullback confirms support

$BOB On the 1H timeframe, after experiencing a massive rally, the market is currently in a healthy correction phase. The price has found initial support above the 4H EMA20 (0.0062), and the 1H RSI (60.28) has pulled back from overbought territory, preparing for a second upward push. The key point is that open interest (OI) remains stable during the price correction, with no signs of large-scale capital outflows, and the negative funding rate (-0.1561%) hints at a potential short squeeze. Currently, the buy order depth is significantly thicker than the sell order depth (imbalance of 27.21%), indicating strong support below.

🎯Direction: Long (Long)

🎯Entry/Order: 0.00635 - 0.00640 (Gradually around the current price)

🛑Stop Loss: 0.00615 (Break below the 1H previous low and EMA50 support)

🚀Target 1: 0.00680 (Previous high resistance zone)

🚀Target 2: 0.00720 (Extension target after breaking previous high)

🛡️Trade Management:

- Position size suggestion: Light (Reason: High intraday volatility requires strict risk control)

- Execution strategy: After entering, if the price quickly rises to target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price consolidates in the entry zone for over 4 hours without upward movement, consider closing half to reduce time risk.

Depth logic: This rally was initiated by a massive bullish candle at 08:00 (UTC), with trading volume increasing hundreds of times, a typical signal of main force entering. Although subsequent 1H candles retraced, volume decreased, indicating healthy shakeout. Stable OI suggests bulls are not loosening, and combined with the negative funding rate, bears may be squeezed. The 1H EMA20 (0.0062) acts as a dynamic support/resistance line; holding above it indicates a healthy bullish structure. The strategy is to ambush near the main force’s cost zone (0.0063-0.0064), aiming for a second wave of rally.

View real-time market 👇 $BOB

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #比特币反弹