【$RAYSOL Signal】Pullback to go long / 4H breakout confirmation

$RAYSOL After a sharp rise on the 1H timeframe, volume decreased during consolidation, RSI soared to 84, indicating short-term overbought conditions. The 4H Bollinger Bands have broken above the upper band, but the MACD histogram is still expanding, suggesting that the momentum on a larger cycle has not yet exhausted. The order book shows significantly deeper buy orders than sell orders, exposing the capital support intent.

🎯Direction: Pullback to go long

⚡Entry: Buy in stages within the 0.625 - 0.641 range

🛑Stop-loss: Below 0.611

🚀Target 1: 0.761

🚀Target 2: 0.821

🛡️Trade Management:
- Execution strategy: Reduce half of the position after the price reaches 0.761, and move the remaining stop-loss up to the entry price. If the price cannot hold above 0.67, consider exiting early.

Position size remains stable, and there was no panic selling during a significant price surge, indicating good chip locking. Negative funding rates continue to pressure shorts, with a potential for short squeeze. The 1-hour EMA20 at 0.644 provides a dynamic support; a pullback to this area is an ideal second entry opportunity. The current risk-reward ratio exceeds 4:1, making it worthwhile to use smaller risk to bet on trend continuation.

View real-time market 👇 $RAYSOL
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