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【$HEMI Signal】Pullback to go long, 1H level charging up for launch
$HEMI 1H level surge and pullback, price consolidating around 0.00826. 4-hour MACD fast and slow lines are opening upward, momentum bars are still expanding, but the 1-hour MACD red bars are shrinking, indicating short-term momentum is temporarily slowing down. Market data shows that buy orders in the 0.00825 to 0.00826 range far exceed sell orders, with clear capital support intentions.
🎯Direction: Long
⚡Entry/Order: Layered accumulation in the 0.00776 - 0.00796 range
🛑Stop loss: 0.00750
🚀Target 1: 0.00980
🚀Target 2: 0.01072
🛡️Trade management:
- Execution strategy: After the price hits the first target, reduce half of the position, and move the stop loss of the remaining position up to the entry price. If the price fails to hold above the entry zone and breaks downward, abandon this trade.
Position size remains stable; when the price retraces from high levels, it is not accompanied by a significant drop in volume, indicating that bulls are not panicking to exit. The 1-hour RSI has fallen back to around 57 from a high, providing healthy correction space. Coupled with the negative funding rate, there is a potential risk of short squeeze. The current risk-reward ratio is close to 4:1, making this setup quite favorable.
Check real-time market 👇 $HEMI
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#Gate广场四月发帖挑战 #三月非农数据来袭 #加密市场行情震荡