【$HOLO Signal】Pullback to add longs + 1H level retest confirmation, betting on a second surge
$HOLO After experiencing a massive rally at the 1H level, the price is now retesting the key EMA support, which is a healthy correction. A single massive bullish candle on the 4H level has established a short-term bullish trend. The current price is near the 1H EMA20 (0.0597) for initial support, and RSI (54) has not entered overbought territory, indicating potential for a second upward move. Selling pressure is concentrated above 0.0608; once broken, it will open up space.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0600 - 0.0603 (Gradually around current price)
🛑Stop Loss: 0.0585 (Below 1H EMA50 and previous low)
🚀Target 1: 0.0635 (Previous high resistance zone)
🚀Target 2: 0.0660 (Previous high on 4H level)
🛡️Trade Management:
- Position size suggestion: Light (Reason: Extremely high volatility, single candle amplitude exceeds 10%, strict risk control needed)
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to entry price. Hold remaining position for Target 2. If the price stalls in the 0.0625-0.0635 range, consider exiting all early.
Deep logic: The key point is the divergence between negative funding rate (-0.915%) and the resilient price, which is a typical short squeeze trigger. Although OI trend shows stability, combined with the massive surge (volume explosion between 10-11), it clearly indicates main capital inflow. The 1H RSI has pulled back from high levels but has not broken below the 50 midline, indicating a strong correction. The buy depth below is unusually thick at 0.0604-0.0605 (over 100,000 USDT accumulated), forming a strong defense line.
Check real-time market 👇 $HOLO
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【$HOLO Signal】Pullback to add longs + 1H level retest confirmation, betting on a second surge
$HOLO After experiencing a massive rally at the 1H level, the price is now retesting the key EMA support, which is a healthy correction. A single massive bullish candle on the 4H level has established a short-term bullish trend. The current price is near the 1H EMA20 (0.0597) for initial support, and RSI (54) has not entered overbought territory, indicating potential for a second upward move. Selling pressure is concentrated above 0.0608; once broken, it will open up space.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0600 - 0.0603 (Gradually around current price)
🛑Stop Loss: 0.0585 (Below 1H EMA50 and previous low)
🚀Target 1: 0.0635 (Previous high resistance zone)
🚀Target 2: 0.0660 (Previous high on 4H level)
🛡️Trade Management:
- Position size suggestion: Light (Reason: Extremely high volatility, single candle amplitude exceeds 10%, strict risk control needed)
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to entry price. Hold remaining position for Target 2. If the price stalls in the 0.0625-0.0635 range, consider exiting all early.
Deep logic: The key point is the divergence between negative funding rate (-0.915%) and the resilient price, which is a typical short squeeze trigger. Although OI trend shows stability, combined with the massive surge (volume explosion between 10-11), it clearly indicates main capital inflow. The 1H RSI has pulled back from high levels but has not broken below the 50 midline, indicating a strong correction. The buy depth below is unusually thick at 0.0604-0.0605 (over 100,000 USDT accumulated), forming a strong defense line.
Check real-time market 👇 $HOLO
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Follow me: Get more real-time analysis and insights on the crypto market!