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【$UB Signal】Pullback to go long; clear intent for 1H-level funds to provide backing
$UB After a surge on the 1H level, the price pulls back. Near 0.0472, it finds buy-order support. On the 4H timeframe, the upper Bollinger Band at 0.0494 has already been pierced. The MACD double lines remain expanding above the zero line. The current price is 0.05005. The 1H RSI 63.91 is not overheating, and the 4H EMA20 at 0.0440 forms a strong support below. The order book depth shows buys slightly outweigh sells, and the funding rate of 0.0050% provides positive incentive.
If the price pulls back to around 0.0475, you can go long directly, with the defense placed below 0.0383. The first target is 0.0556, and the second target is 0.0614.
On the 4H level, the MACD histogram bars continue to expand, and bullish momentum is still building up. On the 1-hour level, after the price pulls back to the EMA50, it rebounds quickly, showing that there is active willingness to take positions below. Combined with a buy one/sell one ratio of 1.11, market sell pressure is digested rapidly. Under this structure, the risk-reward ratio exceeds 1:1, and the risk is controllable.
View real-time quotes 👇 $UB
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