$CRV Signal】Long - 1H breakout pullback confirmation, main force clearly intends to support the market



$CRV The 1H timeframe is consolidating strongly above the EMA20 (0.2614), and the 4H timeframe has closed bullishly above the descending trendline, forming a short-term bottom structure. The price is ranging around 0.265 with stable buy depth, which is a healthy pullback after a breakout, preparing for the next rally.

🎯Direction: Long (Long)

🎯Entry/Order: 0.263 - 0.265 (Reason: 1H EMA20 support zone & 4H bullish candle body upper part )

🛑Stop Loss: 0.256 (Reason: Break below 4H breakout candle low & key psychological level )

🚀Target 1: 0.272 (Reason: Recent rebound high resistance & 1.272 Fibonacci extension level )

🚀Target 2: 0.280 (Reason: Lower boundary of previous dense trading zone & strong 4H resistance )

🛡️Trade Management:

- Position suggestion: Standard position (Reason: 4H trend reversal beginning to show, 1H structure is clear, risk-reward ratio >1.5 )

- Execution strategy: After the price reaches 0.272, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.265. If the price strongly breaks through 0.272 and stabilizes, hold the remaining position towards 0.280.

Depth logic: Over the past 24 hours, the price has increased by 4.74%, but open interest (OI) remains stable, indicating this is not a short squeeze but rather orderly entry of new funds. The 1H RSI (61.85) is in a healthy slightly strong zone, not overheated. Market logic suggests ‘price rising, consider open interest to determine if main force is entering,’ current data supports main force support/accumulation logic. The buy/sell ratio on the 4H level has consecutively multiple candles >0.5, with buying power continuing to dominate.

View real-time quotes 👇 $CRV

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #Gate广场发帖领五万美金红包
CRV-7,57%
BTC-2,42%
ETH-7,26%
SOL-3,69%
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

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)