【$CROSS Signal】Bullish momentum fades, targeting a pullback

$CROSS 1H level high-range consolidation; buy-side order book gap. The 4H Bollinger Bands price breaks above the upper band, with RSI surging to 82—severe overbought conditions. The 1H MACD red histogram bars shrink, showing momentum divergence. Sell orders in the order book are stacked above 0.0799, and the intention to provide capital support is weakening.

With the bullish defense line breached, short directly at the current price. Enter within the range 0.06743 - 0.07926, with current price 0.07966 eligible to enter.

🛑 Place the stop loss below 0.06527.

🚀 Target 1: 0.07984 to watch.

🚀 Target 2: 0.08016 to watch.

🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to breakeven. If the price falls back to the entry level, automatically exit to protect principal.

Position volume is stable, but the price spikes and then pulls back. A funding rate of 0.005% is not extreme; however, combined with the overbought state, short-term profit-taking pressure is increasing. The 1-hour buy order depth imbalance is 17.3%, and sell pressure above is obvious. This setup’s risk-reward ratio isn’t perfect, but the signals are clear, and the stop-loss room is well-defined.

View real-time market 👇 $CROSS
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