$EGLD The 1H convergence triangle on $EGLD broke upward, price has stabilized above EMA20, bullish momentum is accumulating.
🎯Direction: Long
⚡Entry/Pending Orders: 4.093 - 4.119
🛑Stop Loss: 4.119
🚀Target 1: 3.931
🚀Target 2: 3.856
🛡️Trade Management: - Execution Strategy: When price reaches the first target, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price, achieving risk-free holding, allowing the remaining position to pursue higher levels.
Order Book Micro-view: Buy orders 1 through 5 have accumulated massive pending orders, especially in the 4.119-4.126 zone where the absorption level is unusually thick, forming solid support. Although the 4H timeframe is still in a downtrend channel, the buying force at the 1H level is reversing short-term weakness, which is a typical "small timeframe driving large timeframe" launch signal.
【$EGLD Signal】Long + 1H Breakout Confirmation
$EGLD The 1H convergence triangle on $EGLD
broke upward, price has stabilized above EMA20, bullish momentum is accumulating.
🎯Direction: Long
⚡Entry/Pending Orders: 4.093 - 4.119
🛑Stop Loss: 4.119
🚀Target 1: 3.931
🚀Target 2: 3.856
🛡️Trade Management:
- Execution Strategy: When price reaches the first target, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price, achieving risk-free holding, allowing the remaining position to pursue higher levels.
Order Book Micro-view: Buy orders 1 through 5 have accumulated massive pending orders, especially in the 4.119-4.126 zone where the absorption level is unusually thick, forming solid support. Although the 4H timeframe is still in a downtrend channel, the buying force at the 1H level is reversing short-term weakness, which is a typical "small timeframe driving large timeframe" launch signal.
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