$IOTA Signal】1H breakout to go long, capital inflow confirms rebound



$IOTA 1H level has just broken above the recent consolidation upper band at 0.0685 with increased volume, and has stabilized above the 1H EMA20, indicating a clear short-term momentum shift. Although the 4H level is still in the bottoming phase after a long-term downtrend, the latest 4H bullish candle has a full body, and the bid-ask depth ratio (bid_ask_ratio_depth=1.65) shows strong support below, which is a typical short-term breakout opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0688 - 0.0690 (Reason: After breakout, a pullback to confirm the area, also near the 1H EMA20 dynamic support )

🛑Stop loss: 0.0675 (Reason: Break below the previous 1H candle low and the key integer support at 0.0680, also below the 1H EMA50 )

🚀Target 1: 0.0705 (Reason: The previous minor high on the 4H level and resistance at the 0.0700 integer level )

🚀Target 2: 0.0720 (Reason: The 1.618 Fibonacci extension level and earlier 4H resistance zone )

🛡️Trade management:

- Position suggestion: Light position (Reason: The 4H major trend has not fully reversed, representing a short-term rebound against the major trend )

- Execution strategy: When the price reaches 0.0705, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price of 0.0688. If the price fails to hold above 0.0695 and falls back into the entry zone, consider actively exiting.

Depth logic: In the past 4 hours, the price has risen with increasing buy volume (latest 1H buy_sell_ratio=0.66), indicating strengthening buying power. Open interest (OI) remains stable, suggesting this is not a short squeeze but more likely new long positions entering. The 1H RSI is at 63.57, leaving room for further upside. The order book depth imbalance reaches 24.48%, with selling pressure relatively concentrated. Once the price breaks through the 0.0690-0.0694 zone, a rapid rise may be triggered.

Trade here 👇 $IOTA

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #Gate广场发帖领五万美金红包
IOTA4,62%
BTC3%
ETH4,96%
SOL7,47%
Voir l'original
post-image
Cette page peut inclure du contenu de tiers fourni à des fins d'information uniquement. Gate ne garantit ni l'exactitude ni la validité de ces contenus, n’endosse pas les opinions exprimées, et ne fournit aucun conseil financier ou professionnel à travers ces informations. Voir la section Avertissement pour plus de détails.
  • Récompense
  • Commentaire
  • Reposter
  • Partager
Commentaire
0/400
Aucun commentaire
  • Épingler

Trader les cryptos partout et à tout moment
qrCode
Scan pour télécharger Gate app
Communauté
Français (Afrique)
  • 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)