【$1000000MOG Signal】Waiting for a pullback, 1H momentum weakening

$1000000MOG 1H level surge and pullback, Bollinger upper band around 0.1831 shows selling pressure, the latest 4H candlestick closes with a long upper shadow.
Buyers' depth imbalance -21.35%, active sell orders start stacking.

Price repeatedly tests around 0.1804, bullish momentum fading.
MACD double-cycle histogram bars are contracting, raising doubts about continued upward movement.

🎯Direction: Watchful, waiting for a pullback to add long positions

⚡Orders: Lurk near the lower boundary of 0.1597 - 0.1795 range, specifically place buy orders at 0.1600.

🛑Stop loss: 0.1495

🚀Target 1: 0.1804

🚀Target 2: 0.1811

🛡️Trade management: - Execution strategy: After order fills, if the price rebounds to around 0.1804, reduce half of the position, and move the remaining stop loss up to the breakeven.
If it directly breaks below 0.1750 without quick recovery, consider exiting early.

On the 4H level, EMA20 crosses above EMA50 to form a golden cross, indicating the medium-term trend is still intact.
But the 1H RSI has fallen from overbought territory, combined with volume expanding during upward moves and contracting during pullbacks, indicating a healthy correction.
Funding rate at 0.005% is not extreme, low risk of a short squeeze.
Chasing at this level offers a poor risk-reward ratio; strong support lies at 0.1700 (1H Bollinger middle band) and 0.1600 (previous breakout level).
Waiting for a pullback confirmation is more prudent.

Check real-time market 👇 $1000000MOG
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