【$LUNC Signal】1H pullback confirmation, secondary surge in trading
$LUNC The 1H timeframe has experienced a massive rally and is now undergoing a healthy pullback, with the price supported near EMA20 (0.0403), forming a flag pattern consolidation. The 4H timeframe has established a bullish trend with a large bullish candle, and the current volume-reducing pullback presents an excellent opportunity for a second entry. In a negative funding rate environment (-0.0301%), the price remains firm, indicating potential for short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0402 - 0.0405
🛑Stop Loss: 0.0392 (Break below the previous 1H candle low)
🚀Target 1: 0.0428 (Previous high resistance)
🚀Target 2: 0.0450 (Fibonacci 0.618 extension on the 4H timeframe)
🛡️Trade Management:
- Position size suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price (break-even). The remaining position aims for Target 2. If the price encounters resistance around 0.0428 and a bearish divergence appears on the 1H RSI, consider exiting all positions early.
Deep logic: The 4H candle volume hit a record high (12 billion), a clear signal of main capital inflow. Although the current open interest trend is stable, the price has not experienced a waterfall decline, indicating selling pressure has been absorbed. The 1H RSI (53.78) is in a healthy zone, leaving room for upward momentum. Market depth is balanced with no obvious imbalance, conducive to steady price advancement. The key question is whether the 1H can form a new upward wave supported by EMA20.
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【$LUNC Signal】1H pullback confirmation, secondary surge in trading
$LUNC The 1H timeframe has experienced a massive rally and is now undergoing a healthy pullback, with the price supported near EMA20 (0.0403), forming a flag pattern consolidation. The 4H timeframe has established a bullish trend with a large bullish candle, and the current volume-reducing pullback presents an excellent opportunity for a second entry. In a negative funding rate environment (-0.0301%), the price remains firm, indicating potential for short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0402 - 0.0405
🛑Stop Loss: 0.0392 (Break below the previous 1H candle low)
🚀Target 1: 0.0428 (Previous high resistance)
🚀Target 2: 0.0450 (Fibonacci 0.618 extension on the 4H timeframe)
🛡️Trade Management:
- Position size suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price (break-even). The remaining position aims for Target 2. If the price encounters resistance around 0.0428 and a bearish divergence appears on the 1H RSI, consider exiting all positions early.
Deep logic: The 4H candle volume hit a record high (12 billion), a clear signal of main capital inflow. Although the current open interest trend is stable, the price has not experienced a waterfall decline, indicating selling pressure has been absorbed. The 1H RSI (53.78) is in a healthy zone, leaving room for upward momentum. Market depth is balanced with no obvious imbalance, conducive to steady price advancement. The key question is whether the 1H can form a new upward wave supported by EMA20.
View real-time market 👇 $LUNC
Follow me: Get more real-time analysis and insights on the crypto market!