$XNY 1H level has experienced a massive surge and is currently in a healthy flag consolidation range. The price is oscillating between 0.0070-0.0076, with 1H EMA20 (0.0072) providing dynamic support. The 4H level's strong bullish candlestick has established an upward trend, and the current pullback presents an excellent opportunity for a second entry. OI is stable, buying depth is dominant, and the bullish pattern remains unchanged.
🎯 Direction: Long
🎯 Entry/Limit Order: 0.00715 - 0.00725 (Reason: Pullback to 1H EMA20 support zone and the upper edge of the previous dense transaction area)
🛑 Stop Loss: 0.00695 (Reason: Break below the recent 1H consolidation platform low and the starting point of the 4H strong bullish candlestick)
🚀 Target 1: 0.00765 (Reason: Previous high resistance level, also the upper boundary of the 1H flag)
🚀 Target 2: 0.00800 (Reason: Previous high on the 4H level and a psychological round number)
🛡️ Trade Management:
- Position Suggestion: Standard Position (Reason: 4H trend is clear, 1H structure is clear, risk-reward ratio > 2)
- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price. If the price strongly breaks through 0.00765, the remaining position's target can be adjusted to 0.0080.
Depth Logic: The increase in the past 24 hours has exceeded 10%, with volume and price rising together. Although the latest 1-hour buying has weakened, the market data shows that buying depth (bid_ask_ratio_depth: 1.15) is still dominant, with strong support below. 1H RSI (50.92) has healthily retraced from the overbought zone, preparing for another upward movement. The 4H level has broken through the long-term consolidation range, turning the trend bullish. The current pullback is a liquidity washout by the main force, not a sell-off, making it an excellent sniper point.
Trade here 👇$XNY
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#plppin This is the first time buying this ticket, why can it break over 100% loss, feels like it’s going to break 200%
#plppin @币安广场 $ETH