【$FORM Signal】Long + 1H Breakout and Retest Confirmation, Main Force Clearly Intends to Support the Market

$FORM The 1H timeframe is strongly consolidating above the EMA20, just completing a test of the previous high at 0.2199 and stabilizing. The 4H timeframe has broken through the downward trendline, forming a bullish structure. The current price retracing after the breakout presents an excellent opportunity for a second entry.

🎯Direction: Long (Long)

⚡Entry/Order: 0.2151 - 0.2162

🛑Stop Loss: 0.2090

🚀Target 1: 0.2250

🚀Target 2: 0.2350

🛡️Trade Management:

- Execution Strategy: After the price reaches 0.2250, reduce position by 50% and immediately move the stop loss to the entry average price. Hold the remaining position for the second target. If the price pulls back and breaks the trailing stop, exit all positions.

Depth Logic: The buy order depth on the 4H timeframe is significantly better than the sell side, with an imbalance of 5.42%, indicating strong support below. Although the Open Interest trend is stable, the price rejected a deep retracement after a sharp rise yesterday, and the funding rate is only 0.0011%, indicating no overheating risk. This is usually a sign of main force supporting the market and preparing for a secondary rally. The 1H RSI at 62.75 is in a healthy zone with ample room above. Combined with order book data, the 0.2150-0.2162 range offers a high-probability entry zone for long positions.

View real-time market 👇 $FORM

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