【$H Signal】Long! 1H pullback confirmation, main force clearly defending the market

$H The 1H level, after experiencing a sharp rise yesterday, is currently at the end of a healthy flag pattern consolidation, with prices oscillating within the 0.226-0.234 range. The key point is: the 1H EMA20 (0.2267) provides strong support, and the 4H level EMA20 (0.2091) has formed a bullish alignment, indicating the trend remains unchanged. Market depth shows selling pressure concentrated above 0.2292, but buy orders are stacking in the 0.2288-0.2290 area, clearly indicating main force defending the market. Open interest remains stable, and the price has not experienced a deep correction, which is a strong signal.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2285 - 0.2295 (Reason: 1H EMA20 support zone + concentrated buy orders in the market depth)

🛑Stop loss: 0.2250 (Reason: Break below recent consolidation box lower boundary and 1H structural support)

🚀Target 1: 0.2375 (Reason: Previous high resistance level, also near yesterday’s high)

🚀Target 2: 0.2425 (Reason: 4H previous high and 1.382 Fibonacci extension level)

🛡️Trade management:

- Position suggestion: Light position (Reason: Intraday volatility is high, strict risk control needed)

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks through 0.2375 and stabilizes, consider targeting 0.2425 for the remaining position.

Depth logic: The past 24 hours have seen a rise of over 14%, but open interest (OI) remains stable, indicating it’s not purely a short squeeze, possibly new funds are entering. The 1H RSI (54.1) is in a healthy zone, with momentum for another upward move. Market logic suggests a price increase, combined with stable OI, leaning towards main force entering to defend the market. The current price is at the end of a 1H converging triangle, about to choose a direction, and we are betting on an upward breakout.

Trade here 👇 $H

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