【$ATH Signal】Pullback to Long + 1H Level Strong Support Confirmation



$ATH The 1H level has experienced a massive rally and is now undergoing a healthy pullback, with the price supported near the EMA20 (0.0056), forming a strong consolidation. A legendary 4H bullish candle has established a short-term uptrend, and the current pullback presents an excellent second entry opportunity. The negative funding rate is as high as -0.8%, making short positions very costly and increasing the potential for a short squeeze.

🎯Direction: Long (Long)

⚡Entry/Order: 0.00575 - 0.00580

🛑Stop Loss: 0.00565

🚀Target 1: 0.00620

🚀Target 2: 0.00650

🛡️Trade Management:
- Position Size Recommendation: Light
- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks above the previous high of 0.00637, consider moving the stop loss to hold for greater gains.

Deep Logic: The 4H timeframe shows a surge in volume with buy dominance (buy_sell_ratio 0.51), a clear signal of institutional entry. Although current Open Interest (OI) remains stable, the massive negative funding rate is a potential bullish fuel. The 1H RSI (64.37) has healthy retraced from overbought territory, preparing for another rally. The order book shows buy depth (bid_ask_ratio_depth 1.38) outperforming sell orders, with strong support below. This is a typical pullback after a sharp rally, aiming for a second wave of momentum.

View real-time market 👇 $ATH

---

Follow me: Get more real-time analysis and insights on the crypto market!
BTC-2.87%
ETH-5.31%
SOL-5.51%
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
English
  • 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)