【$IN Signal】Waiting for a deep correction, preparing for a low buy-in

$IN 1H level RSI soared to 77, and the 4H level even surged to 93, indicating buying power is severely overextended. The 4H Bollinger Band upper band was directly broken through, with the price consolidating around 0.0979, but trading volume has sharply decreased, and subsequent upward momentum is clearly insufficient. Although the MACD double cycle is expanding, the histogram on the 1-hour chart has already started to flatten, and this high-level divergence between volume and price warrants caution. Market depth shows sell orders are 20% thicker than buy orders, and selling pressure above is building up.

Chasing high at this level carries extremely high risk, and the risk-reward ratio is not favorable. A more prudent strategy is to wait for a decent correction and lay in wait for a key support zone below to go long.

⚡Order: When the price retraces to around 0.0681 - 0.0973, you can gradually add to your position.

🛑Stop-loss: Must be strictly placed below 0.0621.

🚀Target 1: The first target is around 0.0979, near the previous high.

🚀Target 2: If a strong breakout occurs, the second target is 0.0982.

🛡️Trading management:
- Execution strategy: If the price successfully hits the first target, reduce half of the position and move the remaining stop-loss to the breakeven point. The core of this trade is to catch a rebound after a deep correction. If the price cannot even hold the entry zone, it indicates failure to support, and you should exit decisively.

Keep position size stable, but with the funding rate turning positive, it shows bullish sentiment is still present, though somewhat overheated. In this market condition, patience is key—wait for the price to retrace to the 4H EMA20 (0.0680) or the 1H EMA50 (0.0704) for a better second entry point. Currently, market psychology is caught between fear of missing out and fear of chasing high; waiting for a panic sell-off to create a low-risk entry opportunity often yields higher odds.

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