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【$INX Signal】Confirmation of pullback on the right side, secondary upward attack at the 1H level
$INX The 1H level price has already broken above the upper Bollinger Band, RSI soared to 86.5, indicating short-term overbought conditions. However, the 4-hour MACD histogram continues to expand, open interest remains stable, and funds have not withdrawn. The order book shows deep buy-side support, with orders concentrated around 0.01306-0.01307, clearly indicating a bottoming intent.
🎯Direction: Long
⚡Entry/Order: 0.011700 - 0.011841
🛑Stop Loss: 0.011700
🚀Target 1: 0.012403
🚀Target 2: 0.012684
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
The 1-hour timeframe shows a decrease in volume as the price pulls back to the EMA20, a typical confirmation move on the right side. Open interest remains stable after the price rally, indicating it’s not purely a pump-and-dump. The current risk-reward ratio is close to 4:1, making the odds quite favorable. In this structure, a pullback is an opportunity; the key is the precision of the entry point.
View real-time market 👇 $INX
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