【$H Signal】Pullback to buy! 1H retracement to EMA20, main force supports the market, preparing for a second surge

$H The 1H timeframe is currently oscillating near the critical EMA20 moving average. After a sharp decline from the high of 0.195, the price found support around 0.166 and stabilized. The 4H timeframe shows that the price remains above EMA20 (0.1488), indicating the medium-term upward trend remains intact. Currently, the 1-hour trading volume has decreased, which is a healthy correction after a rapid rise, not a trend reversal. Market depth data shows that sell orders are accumulating above 0.1673, but buy orders below are also substantial, indicating fierce competition between bulls and bears at this level. Open interest remains stable, suggesting funds have not exited en masse, and the main force may be consolidating and shaking out weak hands to prepare for the next rally.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: 0.1640 - 0.1660

🛑Stop Loss: 0.1580

🚀Target 1: 0.1750

🚀Target 2: 0.1850

🛡️Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to the entry price. Trailing the remaining position to hold and aim for Target 2. If the price cannot hold above 0.1680 and falls below the entry zone again, exit early and wait on the sidelines.

Depth Logic: The 1-hour RSI has fallen from overbought territory to a neutral zone (53.67), leaving room for another upward move. The 4-hour RSI (64.33) still indicates healthy momentum. Most importantly, during the significant correction of over 15% from the high, open interest (OI) remained stable, with no signs of panic selling causing a sharp drop in open interest. This strongly suggests that the main funds are still in the market, and the current pullback is a technical shakeout. Combined with market depth, strong buy support in the 0.166-0.167 range provides a solid foundation for a short-term rebound.

View real-time market 👇 $H

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