【$NAORI Signal】Pullback on the dip + 1H strong breakout followed by a retest confirmation



$NAORI On the 1-hour timeframe, after experiencing a massive rally, the price is currently in a healthy consolidation phase with decreasing volume. The price has pulled back from the high of 0.035, but the key point is that the 1-hour EMA20 (0.0313) provides strong support, and the current price remains well above the EMA50 (0.0307), indicating the upward trend structure is intact. Market depth data shows substantial buy-side volume, with selling pressure concentrated above 0.033, preparing for a subsequent push higher. Open interest remains stable, suggesting the rally is not just a short squeeze, with signs of institutional support.

🎯Direction: Long

⚡Entry/Order: 0.0310 - 0.0315

🛑Stop Loss: 0.0298

🚀Target 1: 0.0340

🚀Target 2: 0.0360

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and lock in partial profits. Move the remaining position’s stop loss up to the entry price of 0.0315. If the price strongly breaks above 0.0360, move the remaining stop loss up to 0.0340 to capture a larger trend.

(Depth Logic: The 1-hour RSI has fallen from overbought territory to around 55, indicating a healthy correction that makes room for another rally. The slight pullback after a large bullish candle is a typical bull trap shakeout. Coupled with the imbalance in market depth favoring buyers and a positive funding rate that is not yet dangerous, market sentiment remains bullish but not overheated. Strong support is formed by the 0.0307 (EMA50) and the 0.0300 round number, making risk manageable. )

Check real-time quotes 👇 $NAORI

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
BTC2,43%
ETH4,34%
SOL4,55%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin