【$USELESS Signal】Long - 1H pullback confirmation, main force clearly intends to support the market

$USELESS The 1H timeframe is in a healthy pullback stage after a strong rally, with the price oscillating around 0.048 to digest profit-taking. The 4H timeframe has formed a three consecutive bullish candles breakout structure, indicating an upward trend. Currently, the 1-hour RSI shows healthy momentum without being overbought, and open interest remains stable during the price correction, indicating that the main capital has not exited but is supporting the market and accumulating at this price level. Market depth data shows that buy orders below are much thicker than sell orders, providing solid support for the price.

🎯 Direction: Long

⚡ Entry/Order: 0.0446 - 0.0456

🛑 Stop Loss: 0.0420

🚀 Target 1: 0.0495

🚀 Target 2: 0.0520

🛡️ Trading Management:

- Execution Strategy: After the price reaches Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price strongly breaks through Target 2, consider holding part of the position and tracking the 4H EMA20 as a trailing stop.

Depth Logic: Over the past 4 hours, trading volume has significantly increased, but open interest has not decreased with the price correction, which is a typical signal of “price falling with stable volume, main force supporting the market.” The 1-hour price is currently pulling back to test the EMA20 for support, which coincides highly with the optimized entry zone, making it an excellent sniper point. Combined with the solid buy order depth, it is difficult for bears to exert effective pressure at this position. Once the pullback confirmation is complete, it is very likely to trigger a secondary rally.

View real-time market 👇 $USELESS

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