【$GWEI Signal】Long - 1H breakout retest confirmation, main force clearly intends to support the market
$GWEI The 1H timeframe has experienced a massive rally and is now at the end of a healthy flag pattern consolidation. The price is consolidating strongly around 0.0445, refusing a deep correction. The 4H timeframe has already stabilized above the EMA20 (0.0379), indicating a trend shift from down to up. The current 1H RSI (58.42) is in a healthy zone, preparing for another upward push.
🎯Direction: Long (Long)
⚡Entry/Order: 0.0445 - 0.0448 (Enter near current price)
🛑Stop Loss: 0.0426 (Below 1H EMA20)
🚀Target 1: 0.0480
🚀Target 2: 0.0520
🛡️Trade Management:
- Position size recommendation: Light position
- Execution strategy: After reaching 0.0480, reduce position by 50% and move the stop loss to the entry price of 0.0445. The remaining position aims for the second target. If the price retests and breaks below the moving stop loss, exit all positions.
Depth logic: Market signals indicate an upward trend, combined with open interest (OI) remaining stable after the rally (Stable), rather than declining. This suggests it’s not just a short squeeze; there is support from main forces or new capital accumulation. Market depth shows significant bid stacking, with an imbalance of 7.65%, and relatively light sell pressure. The 1H level has tested and held above 0.0426 (EMA20) multiple times, providing effective support. The funding rate at 0.005% is healthy, with no signs of overheating. Overall, this is a typical strong consolidation after a rally, waiting for a secondary breakout.
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【$GWEI Signal】Long - 1H breakout retest confirmation, main force clearly intends to support the market
$GWEI The 1H timeframe has experienced a massive rally and is now at the end of a healthy flag pattern consolidation. The price is consolidating strongly around 0.0445, refusing a deep correction. The 4H timeframe has already stabilized above the EMA20 (0.0379), indicating a trend shift from down to up. The current 1H RSI (58.42) is in a healthy zone, preparing for another upward push.
🎯Direction: Long (Long)
⚡Entry/Order: 0.0445 - 0.0448 (Enter near current price)
🛑Stop Loss: 0.0426 (Below 1H EMA20)
🚀Target 1: 0.0480
🚀Target 2: 0.0520
🛡️Trade Management:
- Position size recommendation: Light position
- Execution strategy: After reaching 0.0480, reduce position by 50% and move the stop loss to the entry price of 0.0445. The remaining position aims for the second target. If the price retests and breaks below the moving stop loss, exit all positions.
Depth logic: Market signals indicate an upward trend, combined with open interest (OI) remaining stable after the rally (Stable), rather than declining. This suggests it’s not just a short squeeze; there is support from main forces or new capital accumulation. Market depth shows significant bid stacking, with an imbalance of 7.65%, and relatively light sell pressure. The 1H level has tested and held above 0.0426 (EMA20) multiple times, providing effective support. The funding rate at 0.005% is healthy, with no signs of overheating. Overall, this is a typical strong consolidation after a rally, waiting for a secondary breakout.
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