【$IOTA Signal】Bull-Bear Battle, Waiting for 1H Level Direction Choice
$IOTA The 1H level is oscillating narrowly between 0.066-0.067, with both bulls and bears stuck in a stalemate near key support levels. The 4H level remains in a downtrend channel, but the latest 4H candlestick closed with a lower shadow, indicating buying resistance around 0.066. Open interest remains stable, with a slight negative funding rate. Market logic suggests a price decline, but positions have not decreased, so caution is needed for potential main force support or short squeeze.
🎯Direction: Watchful (Pending Orders)
⚡Pending Order Strategy:
1. Breakout Long: If the price stabilizes above 0.0675 (Reason: Breaks through 1H EMA20 and the upper boundary of the short-term oscillation zone), it is considered a short-term momentum return signal.
2. Pullback to Long: If the price retraces to the 0.0655-0.0658 area (Reason: Previous low support zone and dense buy orders), and the 1H RSI shows a bullish divergence, it is seen as a buying opportunity at low levels.
🛑Stop Loss: 0.0648 (Reason: Breaks below recent strong support platform, confirming a bearish structure)
🚀Target 1: 0.0690 (Reason: Resistance at the lower boundary of the previous 4H oscillation platform)
🚀Target 2: 0.0705 (Reason: Resistance at the 4H EMA50 moving average)
🛡️Trading Management:
- Position Size: Light (Reason: 4H trend is unclear, trading against the trend with higher risk).
- Execution Strategy: If pending orders are filled, take profit at Target 1 and reduce position by 50%, then move stop loss to entry point. The remaining position aims for Target 2. If the price cannot quickly move away from the cost area, consider exiting proactively.
Deep Logic: The core contradiction in the current market is between the 1H level’s shrinking sideways consolidation and the 4H downtrend. Market depth shows significant buy accumulation below 0.066 (Depth imbalance 20.32%), but there is also heavy selling pressure between 0.067-0.0672. The 1H RSI hovers around 40, indicating a neutral position. Key factor is volume; any increase in volume from either side will break the stalemate. Stable open interest indicates both bulls and bears have not exited, and a trend reversal is imminent. We choose to act quietly, using conditional orders to capture higher-probability breakouts or panic sell-offs.
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.
【$IOTA Signal】Bull-Bear Battle, Waiting for 1H Level Direction Choice
$IOTA The 1H level is oscillating narrowly between 0.066-0.067, with both bulls and bears stuck in a stalemate near key support levels. The 4H level remains in a downtrend channel, but the latest 4H candlestick closed with a lower shadow, indicating buying resistance around 0.066. Open interest remains stable, with a slight negative funding rate. Market logic suggests a price decline, but positions have not decreased, so caution is needed for potential main force support or short squeeze.
🎯Direction: Watchful (Pending Orders)
⚡Pending Order Strategy:
1. Breakout Long: If the price stabilizes above 0.0675 (Reason: Breaks through 1H EMA20 and the upper boundary of the short-term oscillation zone), it is considered a short-term momentum return signal.
2. Pullback to Long: If the price retraces to the 0.0655-0.0658 area (Reason: Previous low support zone and dense buy orders), and the 1H RSI shows a bullish divergence, it is seen as a buying opportunity at low levels.
🛑Stop Loss: 0.0648 (Reason: Breaks below recent strong support platform, confirming a bearish structure)
🚀Target 1: 0.0690 (Reason: Resistance at the lower boundary of the previous 4H oscillation platform)
🚀Target 2: 0.0705 (Reason: Resistance at the 4H EMA50 moving average)
🛡️Trading Management:
- Position Size: Light (Reason: 4H trend is unclear, trading against the trend with higher risk).
- Execution Strategy: If pending orders are filled, take profit at Target 1 and reduce position by 50%, then move stop loss to entry point. The remaining position aims for Target 2. If the price cannot quickly move away from the cost area, consider exiting proactively.
Deep Logic: The core contradiction in the current market is between the 1H level’s shrinking sideways consolidation and the 4H downtrend. Market depth shows significant buy accumulation below 0.066 (Depth imbalance 20.32%), but there is also heavy selling pressure between 0.067-0.0672. The 1H RSI hovers around 40, indicating a neutral position. Key factor is volume; any increase in volume from either side will break the stalemate. Stable open interest indicates both bulls and bears have not exited, and a trend reversal is imminent. We choose to act quietly, using conditional orders to capture higher-probability breakouts or panic sell-offs.
View real-time quotes 👇 $IOTA
---
Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年