【$C Signal】Pullback for Long + 1H Level Retest Confirmation

$C 1H level is currently in a healthy pullback phase after a sharp rally, with price oscillating above key EMA support, accumulating strength for the next wave of gains. The 4H level has a massive bullish candle confirming an uptrend, and the current pullback is an excellent second entry opportunity. Open interest remains stable, indicating that funds have not exited but are holding positions. The bid depth in the order book is significantly better than the ask side, with strong support below.

🎯Direction: Long

⚡Entry/Pending Orders: 0.0557 - 0.0571 range, scale in with multiple orders

🛑Stop Loss: 0.0549

🚀Target 1: 0.0660

🚀Target 2: 0.0704

🛡️Trade Management:
- Execution Strategy: Once price reaches Target 1, reduce position by 50% to lock profits, and move the stop loss of remaining positions up to the entry price. If price fails to break through Target 1 and falls back below the lower end of the entry range, consider exiting and observing.

Deep Logic: The 4-hour chart shows price breaking out with volume from a long-term bottom, which is a clear signal of trend initiation. The 1-hour RSI has healthily pulled back from the overbought zone to the neutral zone, providing a good re-entry opportunity. Although the current hourly bullish ratio is slightly low, order book data shows substantial bid depth with a large accumulation of buy orders below 0.0600, forming strong support. Open interest remains stable after significant price volatility, suggesting this is not purely short squeezing action and may involve new capital supporting the market. Combined with the optimized entry range, the risk-reward ratio is extremely attractive.

View Live Market 👇 $C
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