【$USELESS Signal】Bullish pullback confirmation, 1H timeframe charging up for launch

$USELESS After experiencing significant volatility yesterday, the 1H timeframe has formed a short-term support zone between 0.040-0.042. Currently, the price is attempting to stabilize above the 1H EMA20 (0.0428). Although the 4H timeframe remains in a wide-range oscillation, the latest candlestick closed bullish, indicating that selling pressure is temporarily exhausted. Open interest remains stable, and no panic selling was observed during price declines, suggesting initial signs of main force support.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0423 - 0.0425 (Reason: The 1H candlestick body has stabilized above EMA20, and it is at the upper boundary of the current consolidation zone)

🛑Stop Loss: 0.0408 (Reason: Break below the previous 1H low and ATR lower band support)

🚀Target 1: 0.0450 (Reason: Previous minor high on 1H timeframe and 4H EMA20 resistance)

🚀Target 2: 0.0475 (Reason: Yesterday’s rebound high, also a key resistance level on the 4H timeframe)

🛡️Trade Management:

- Position suggestion: Light position (Reason: 4H trend is not fully clear, currently a 1H rebound play)

- 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 cannot effectively break through 0.0435 and falls back to the entry zone, consider actively exiting.

Deep logic: Market depth shows buy orders far exceeding sell orders (depth imbalance of 4.74%), indicating strong support below. The 1H RSI (50.96) is in a neutral zone with room for upward divergence. The key is whether the price can break through 0.0435 with volume, which will open the path to 0.0450. Currently, this is a high-risk, high-reward short-term sniper opportunity, with strict stop-loss.

Trade here 👇 $USELESS

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