$GRASS Signal】Pullback to add longs + 1H pullback confirmation, main force clearly defending the market



$GRASS On the 1H timeframe, after a massive rally, the price is consolidating strongly around the key EMA support zone. The current price is 0.3012, a retracement of over 13% from the high of 0.349, but the 4H uptrend remains intact, and the EMA20 (0.2953) and EMA50 (0.2748) on the 1H chart form a dense support band below. Open interest remains stable and has not dropped significantly with the price retracement, indicating that the main capital has not exited the market, which is a healthy profit-taking correction.

🎯Direction: Long (Long)

⚡Entry/Order: 0.2894 - 0.2959

🛑Stop Loss: 0.2740

🚀Target 1: 0.3250

🚀Target 2: 0.3450

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position’s stop loss up to the entry average price. If the price strongly breaks through 0.3250 and stabilizes, move the remaining stop loss up to 0.3150 to aim for the second target.

Deep Logic: The continuous volume increase of the 4H candlesticks confirms an upward trend. Although the last candlestick closed bearish, the trading volume shrank, indicating a normal correction. The 1H RSI (55.02) has fallen from overbought territory into a healthy zone, preparing for another upward move. Market depth shows over 160,000 buy orders stacked at the 0.3000 round number, forming a strong psychological support. Combining market logic suggests “price rising, main force entering or bears stepping on the brakes,” with stable open interest indicating a healthy shakeout after main force’s market defense. It is recommended to deploy in stages within the optimized support zone, preparing for a secondary attack.

View real-time quotes 👇 $GRASS

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #贵金原油价格飙升-2
GRASS17,48%
BTC4,81%
ETH5,17%
SOL5,21%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)