【$RECALL Signal】Long - 1H Breakout of Previous High, Capital Inflow Supports
$RECALL The 1H timeframe has just experienced a volume breakout above the previous high of 0.0587, creating a new intraday high of 0.05974, with strong momentum. The 4H timeframe has closed positive for several consecutive periods, stabilizing above the EMA20, forming a short-term upward trend. The current price has pulled back slightly after the breakout, presenting an excellent sniper entry opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0590 - 0.0592 (Reason: Confirmation of pullback after breakout, 1H EMA20 dynamic support zone )
🛑Stop Loss: 0.0575 (Reason: Break below the previous 1H candle's low and key support at 1H EMA50 )
🚀Target 1: 0.0620 (Reason: Previous wave high and 1.272 Fibonacci extension level )
🚀Target 2: 0.0645 (Reason: 1.618 Fibonacci extension level, potential resistance on the 4H timeframe )
🛡️Trade Management:
- Position Size: Light (Reason: Hot Coin volatility is extremely high, strict risk control is necessary )
- Execution Strategy: When the price reaches 0.0620, reduce position by 50%, and move the stop loss up to the entry price of 0.0592. The remaining position aims for the second target; if the price retraces to breakeven, exit all.
Deep Logic: While the price surges by 22%, open interest remains stable ((OI)), indicating it’s not a short squeeze but rather new funds actively buying. The 1H RSI is at 67.9, in a strong zone but not overbought, leaving room for further upside. Market depth shows buy orders accumulating around 0.0590 (348K), providing strong support. The buy/sell ratio on the 4H level is balanced, indicating a healthy upward structure.
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【$RECALL Signal】Long - 1H Breakout of Previous High, Capital Inflow Supports
$RECALL The 1H timeframe has just experienced a volume breakout above the previous high of 0.0587, creating a new intraday high of 0.05974, with strong momentum. The 4H timeframe has closed positive for several consecutive periods, stabilizing above the EMA20, forming a short-term upward trend. The current price has pulled back slightly after the breakout, presenting an excellent sniper entry opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0590 - 0.0592 (Reason: Confirmation of pullback after breakout, 1H EMA20 dynamic support zone )
🛑Stop Loss: 0.0575 (Reason: Break below the previous 1H candle's low and key support at 1H EMA50 )
🚀Target 1: 0.0620 (Reason: Previous wave high and 1.272 Fibonacci extension level )
🚀Target 2: 0.0645 (Reason: 1.618 Fibonacci extension level, potential resistance on the 4H timeframe )
🛡️Trade Management:
- Position Size: Light (Reason: Hot Coin volatility is extremely high, strict risk control is necessary )
- Execution Strategy: When the price reaches 0.0620, reduce position by 50%, and move the stop loss up to the entry price of 0.0592. The remaining position aims for the second target; if the price retraces to breakeven, exit all.
Deep Logic: While the price surges by 22%, open interest remains stable ((OI)), indicating it’s not a short squeeze but rather new funds actively buying. The 1H RSI is at 67.9, in a strong zone but not overbought, leaving room for further upside. Market depth shows buy orders accumulating around 0.0590 (348K), providing strong support. The buy/sell ratio on the 4H level is balanced, indicating a healthy upward structure.
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