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【$ORDER Signal】Pullback to buy, main force clearly intends to support
$ORDER 1H level surge and pullback, current price 0.0630. 4H MACD bullish crossover, bullish momentum still expanding. But 1H RSI soared to 76.6, short-term buying pressure is breaking down, a healthy pullback is needed to digest profit-taking. Market depth shows sell orders accumulating in the 0.0628-0.0630 range, while buy orders are very thick around 0.0620 below, fully exposing the capital support intention.
🎯Direction: Long (buy on pullback)
⚡Entry/Orders: Layered entries in the 0.0550 - 0.0564 range
🛑Stop loss: 0.0543
🚀Target 1: 0.0645
🚀Target 2: 0.0685
🛡️Trading management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect principal.
Funding rate -1.09%, short position costs are very high, with potential for short squeeze. Position volume is stable, no signs of large-scale capital fleeing, more like high-level turnover. 1H EMA20 at 0.0567, highly coincides with the suggested entry zone, making this pullback a low-risk, high-reward entry point. Current risk-reward ratio is 4:1, worth using a smaller position to bet on a trend continuation.
View real-time market 👇 $ORDER
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