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【$DOGS Signal】Pullback to add longs + 1H level strong support confirmation
$DOGS The 1H level has experienced a massive rally and is now undergoing a healthy pullback, with the price falling back to a key support zone. A legendary bullish candle on the 4H chart confirms an upward trend. Currently, the 1H buy-side depth is solid, and the RSI has retreated from overbought territory to healthy levels, preparing for another push higher. Negative funding rates suggest that bears are still paying high costs, and once the pullback ends, a short squeeze is highly likely.
🎯Direction: Long
⚡Entry/Order: 0.0000319 - 0.0000325
🛑Stop Loss: 0.0000312
🚀Target 1: 0.0000352
🚀Target 2: 0.0000365
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to break through Target 1 and falls back into the entry zone, consider exiting and observing.
(Depth Logic: A single 4H candle with over 30% gain and a surge in volume is a clear signal of main capital entering. Although the buy-side ratio on the 1H chart has temporarily decreased, market depth shows large buy orders accumulated in the 0.0000320-0.0000325 range below, forming a strong support. Open interest remains stable, indicating that the move is not just driven by short covering but also by new long positions. The 1H RSI has retreated from overbought levels to around 74, releasing overheating pressure and opening space for further gains. Coupled with negative funding rates, this presents a typical “longs adding on pullback in a bullish trend” opportunity. )
View real-time market 👇 $DOGS
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