【$NIL Signal】Pullback to Long + 1H Level Support Confirmation, Clear Signs of Main Force Protecting the Market

$NIL The 1H level has experienced a massive rally and is now in a healthy retracement phase. The key point is that the price is strongly supported around 0.0503, with the 4H EMA50 (0.0501) forming a second line of defense below. Although the latest 1H candle closed lower, open interest (OI) remains stable, and the negative funding rate indicates bearish pressure. If the price does not break the support, a short squeeze rebound is highly likely.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0503 - 0.0505 (Gradually around current price)

🛑Stop Loss: 0.0495 (Break below 4H EMA50 and previous low)

🚀Target 1: 0.0530 (Previous high resistance zone)

🚀Target 2: 0.0557 (Yesterday’s high)

🛡️Trade Management:

- Position suggestion: Light position (Reason: 1H level is in a retracement, waiting for confirmation signals)

- Execution strategy: After entering, if the price stabilizes above 0.0515, it can be considered a sign that the retracement has ended. After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. The remaining position aims for Target 2.

Deep Logic: Market depth data shows buy order depth (bid_ask_ratio_depth: 1.10) is better than sell orders, with a large accumulation of buy orders in the 0.0502-0.0503 range, forming a protective barrier. The 1H RSI (52.26) is in a neutral to slightly strong zone, with room for upward movement. Combining market logic suggests ‘price rising, please consider open interest,’ current stable OI and price retracement indicate more of a main force shakeout rather than distribution, creating opportunities for short-term sniping.

View real-time market 👇 $NIL

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