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【$XPIN Signal】Pullback confirmation, sniper on the right side
$XPIN 1H level shrinking pullback to EMA20, with the price consolidating around 0.001215. The 4H Bollinger Bands are opening upward; the price is above the upper band, and the MACD histogram is still expanding. According to order book data, sell orders are clearly stacked in the 0.001218 to 0.001235 range, and the sell pressure above is as heavy as Mount Tai. The 1-hour trading volume is shrinking, and the capital is waiting to choose a direction.
🎯Direction: Long
⚡Entry/Place orders: 0.001094 - 0.001100
🛑Stop loss: 0.001100
🚀Target 1: 0.001081
🚀Target 2: 0.001074
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price falls back to the entry level, auto-exit to protect the principal.
OI remains stable, and the funds have not been withdrawn on a large scale. The 1H RSI is near 73; although it is in a high area, no top bearish divergence has formed, and there is still room for bullish momentum to be released. The current risk-reward ratio is 2.5, which is within an acceptable range. The key is whether the price can effectively pull back and hold above the suggested entry range—this is the crucial signal for whether the bulls are willing to continue supporting.
View real-time market 👇 $XPIN
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