【$CROSS Signal】Pullback confirmation, long positions hidden

$CROSS 1H timeframe just experienced a waterfall-style washout, with the price dropping straight through the lower Bollinger Band from 0.085 to 0.0697, then quickly rebounding to around 0.0726. The 4H MACD fast and slow lines are still above the zero line, but the histogram is beginning to shrink, indicating that upward momentum is temporarily slowing. The order book data is interesting; buy orders have accumulated over 130k units near 0.0725, fully exposing the market’s support intent, while sell orders above are relatively sparse and scattered.

The price is fluctuating within a wide range of 0.0705 to 0.0794, currently near the lower boundary of the range. The risk-reward ratio for long positions is becoming clearer at this level.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: Batching entries near 0.07054 - 0.07944 at the lower boundary of the range

🛑Stop loss: 0.06676

🚀Target 1: 0.07809

🚀Target 2: 0.08187

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.

This sharp decline was accompanied by a death cross on the 1-hour MACD and expanding downward histogram, but volume increased at the end of the decline then quickly contracted, showing signs of exhaustion among the bears. Open interest remains stable, with no signs of panic buying. Combined with the buy depth being significantly stronger than the sell depth, the probability of breaking the previous low in the short term is reduced. The market used a quick drop to clear out floating positions, often a setup for the next rally.

Check real-time market 👇 $CROSS
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