#Gate蓝龙虾重磅上线 #伊朗在霍尔木兹海峡布设水雷 #原油价格回落 【$TOWNS Signal】Pullback to add longs + 1H level retest confirmation, main force clearly intends to defend the market

$TOWNS After experiencing a massive surge, the 1H level is undergoing a healthy pullback and consolidation, with the price supported above the key EMA lines. A single massive bullish candle on the 4H chart has completely reversed the downward trend. The current volume-reducing pullback presents an excellent second entry opportunity. Open interest remains stable, and the negative funding rate suggests that bears are still paying fees, hinting at a potential short squeeze.

🎯 Direction: Long

⚡ Entry/Order: 0.003686 - 0.003781

🛑 Stop Loss: 0.003600

🚀 Target 1: 0.004505

🚀 Target 2: 0.004867

🛡️ Trading Management:

- Execution Strategy: After reaching the first target of 0.004505, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price strongly breaks through the second target, consider holding some positions for greater gains, but strictly follow the take-profit.

Deep Logic: The market shows that during the price's pullback from the high point, open interest has not decreased significantly, indicating that main capital has not exited but is instead rotating or defending at this level. The 1-hour RSI has fallen from overbought territory to a healthy zone, providing room for another upward move. The buy-side depth far exceeds the sell-side, with a large number of buy orders accumulated in the 0.00408-0.00409 range, forming a strong support. Coupled with the first pullback after a massive surge, this is a high-probability short-term sniper entry point.

View real-time quotes 👇 $TOWNS

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL