$XPIN Signal】Long - 1H Momentum Breakout, Clear Signs of Main Force Support



$XPIN The 1H timeframe is consolidating strongly above the EMA20, just a bullish candle with increased volume breaking through the previous hour's high, indicating momentum is returning. Although the 4H timeframe is in a consolidation zone, the price has already stabilized above recent highs, and open interest remains steady, showing that the main force has not exited the market. This is a typical prelude to a short-term breakout.

🎯Direction: Long (Long)

🎯Entry/Order: 0.001734 - 0.001738 (Reason: Breakout of current hour's high and first resistance zone on the order book )

🛑Stop Loss: 0.001714 (Reason: Break below the 1H EMA20 support and the previous hour's low )

🚀Target 1: 0.001780 (Reason: 4H previous high resistance level )

🚀Target 2: 0.001850 (Reason: Previous small platform resistance on the daily chart )

🛡️Trade Management:

- Position Size: Light (Reason: Hot Coin experiences high volatility, risk control is essential )

- Execution Strategy: After the price reaches 0.001780, reduce position by 50% and move the stop loss to the entry price. The remaining position aims for higher targets. If the price retraces and falls below 0.001734, exit all positions.

Depth Logic: After a 11% increase, open interest (OI) remains stable, which usually indicates that the rally is not primarily driven by short covering but by new funds entering. The 1H RSI is at 63.57, in a strong zone but not overbought, leaving room for further upside. Market depth shows substantial buy orders around 0.00172, providing solid support. Combining market logic that ‘price rises, consider open interest,’ the current stable OI suggests main force is supporting the market.

Trade here 👇 $XPIN

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