【$COLLECT Signal】Long - 1H pullback confirmation, main force clearly intends to support the market
$COLLECT The 1H timeframe is consolidating strongly above the EMA20 (0.0776), with the price refusing to drop sharply. The 4H timeframe has stabilized above the EMA20 (0.0729) and broken through the recent oscillation upper boundary, indicating a bullish trend. Currently, the price is forming a flag pattern on the 1H timeframe, about to choose a direction. Combined with the order book depth imbalance (26.40%), with accumulation of buy orders by the main force, the probability of a bullish breakout is high.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0785 - 0.0790 (Reason: 1H EMA20 support zone and flag lower boundary, concentrated buy orders in the order book)
🛑Stop Loss: 0.0765 (Reason: Break below 1H EMA50 support and previous 4H candle low)
🚀Target 1: 0.0820 (Reason: Previous high resistance and 1.272 Fibonacci extension level)
🚀Target 2: 0.0850 (Reason: 1.618 Fibonacci extension level and previous chip zone on the daily chart)
🛡️Trade Management:
- Position size suggestion: Light position (Reason: Hot Coin experiences high volatility, strict risk control needed)
- Execution strategy: Reduce position by 30% when the price reaches 0.0810 (near previous high), and move the remaining stop loss to the entry price. If the price strongly breaks through 0.0820 and stabilizes, consider moving the stop loss to 0.0800 to aim for the second target.
Depth logic: OI remains stable, and the price has risen without a decrease in open interest, indicating that it is not purely driven by short covering. New long funds are entering. The 1H RSI (55.79) is in a healthy bullish zone with room to rise. The order book depth shows a large accumulation of sell orders at 0.0789-0.0790 (2633 + 1078). Once absorbed by buy orders, this will trigger short stop-loss orders, accelerating the upward movement.
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【$COLLECT Signal】Long - 1H pullback confirmation, main force clearly intends to support the market
$COLLECT The 1H timeframe is consolidating strongly above the EMA20 (0.0776), with the price refusing to drop sharply. The 4H timeframe has stabilized above the EMA20 (0.0729) and broken through the recent oscillation upper boundary, indicating a bullish trend. Currently, the price is forming a flag pattern on the 1H timeframe, about to choose a direction. Combined with the order book depth imbalance (26.40%), with accumulation of buy orders by the main force, the probability of a bullish breakout is high.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0785 - 0.0790 (Reason: 1H EMA20 support zone and flag lower boundary, concentrated buy orders in the order book)
🛑Stop Loss: 0.0765 (Reason: Break below 1H EMA50 support and previous 4H candle low)
🚀Target 1: 0.0820 (Reason: Previous high resistance and 1.272 Fibonacci extension level)
🚀Target 2: 0.0850 (Reason: 1.618 Fibonacci extension level and previous chip zone on the daily chart)
🛡️Trade Management:
- Position size suggestion: Light position (Reason: Hot Coin experiences high volatility, strict risk control needed)
- Execution strategy: Reduce position by 30% when the price reaches 0.0810 (near previous high), and move the remaining stop loss to the entry price. If the price strongly breaks through 0.0820 and stabilizes, consider moving the stop loss to 0.0800 to aim for the second target.
Depth logic: OI remains stable, and the price has risen without a decrease in open interest, indicating that it is not purely driven by short covering. New long funds are entering. The 1H RSI (55.79) is in a healthy bullish zone with room to rise. The order book depth shows a large accumulation of sell orders at 0.0789-0.0790 (2633 + 1078). Once absorbed by buy orders, this will trigger short stop-loss orders, accelerating the upward movement.
Trade here 👇 $COLLECT
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