【$BAN Signal】Long! 1H strong breakout, capital inflow accelerates, main upward wave begins
$BAN The 1H level just broke above the previous high with increased volume, forming a strong upward candlestick, RSI(1H) reaching 82.89 indicating very strong momentum. The 4H level has closed positive for several periods, breaking through the recent consolidation upper boundary, turning the trend bullish. Open interest remains stable, and the price increase is accompanied by buying dominance, which is a typical feature of institutional driving force, not just a simple short squeeze. The current price is close to the 1H EMA20 support; a pullback is an opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 0.1160 - 0.1165 (Reason: Retracement confirmation zone after 1H breakout, EMA20_1H dynamic support )
🛑Stop Loss: 0.1135 (Reason: Falling below the start of the previous large bullish candle and EMA50_1H support, invalidating the bullish structure )
🚀Target 1: 0.1200 (Reason: Psychological whole number level and recent upward 1.272 Fibonacci extension )
🚀Target 2: 0.1240 (Reason: Based on the recent wave height, 1.618 Fibonacci extension )
🛡️Trade Management:
- Position size suggestion: Standard position (Reason: Multi-timeframe resonance breakout, clear signal )
- Execution strategy: After the price reaches 0.1200, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1165. If the price strongly breaks above 0.1200 and stabilizes, consider raising the remaining position target to 0.1280.
Deep logic: In the past 4 hours, the price rose from 0.1095 to 0.1166, an increase of over 6.5%. Buy orders are concentrated around 0.1165, showing strong support. Although RSI is overbought, in a strong breakout scenario, overbought conditions may persist. Order book imbalance is -11.22%, indicating relatively light selling pressure, favorable for further upward movement. The funding rate is +0.0337%, positive but not high, indicating low risk of a short squeeze and a healthy bullish environment.
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Galaaxs
· 14h ago
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【$BAN Signal】Long! 1H strong breakout, capital inflow accelerates, main upward wave begins
$BAN The 1H level just broke above the previous high with increased volume, forming a strong upward candlestick, RSI(1H) reaching 82.89 indicating very strong momentum. The 4H level has closed positive for several periods, breaking through the recent consolidation upper boundary, turning the trend bullish. Open interest remains stable, and the price increase is accompanied by buying dominance, which is a typical feature of institutional driving force, not just a simple short squeeze. The current price is close to the 1H EMA20 support; a pullback is an opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 0.1160 - 0.1165 (Reason: Retracement confirmation zone after 1H breakout, EMA20_1H dynamic support )
🛑Stop Loss: 0.1135 (Reason: Falling below the start of the previous large bullish candle and EMA50_1H support, invalidating the bullish structure )
🚀Target 1: 0.1200 (Reason: Psychological whole number level and recent upward 1.272 Fibonacci extension )
🚀Target 2: 0.1240 (Reason: Based on the recent wave height, 1.618 Fibonacci extension )
🛡️Trade Management:
- Position size suggestion: Standard position (Reason: Multi-timeframe resonance breakout, clear signal )
- Execution strategy: After the price reaches 0.1200, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1165. If the price strongly breaks above 0.1200 and stabilizes, consider raising the remaining position target to 0.1280.
Deep logic: In the past 4 hours, the price rose from 0.1095 to 0.1166, an increase of over 6.5%. Buy orders are concentrated around 0.1165, showing strong support. Although RSI is overbought, in a strong breakout scenario, overbought conditions may persist. Order book imbalance is -11.22%, indicating relatively light selling pressure, favorable for further upward movement. The funding rate is +0.0337%, positive but not high, indicating low risk of a short squeeze and a healthy bullish environment.
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