#我在Gate广场过新年 $TAKE 1H level breaks through previous high strongly, price stabilizes above EMA20_1H, volume and price rise together. The 4H timeframe has formed a bullish engulfing pattern, confirming a reversal from the downtrend, currently in an acceleration phase of momentum.


🎯Direction: Long (Long)
⚡Entry/Order: 0.0221 - 0.0223
🛑Stop Loss: 0.0207
🚀Target 1: 0.0240
🚀Target 2: 0.0260
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position's stop loss up to the entry price of 0.0221. If the price strongly breaks through 0.0240 and stabilizes, move the remaining position's stop loss up to 0.0235 to aim for Target 2.
Depth Logic: The 4H candlestick formed a double bottom around 0.0160 and then surged violently, with a single candle increasing over 20%, which is a clear signal of main capital entering. Although the OI trend appears stable, combined with a 24% increase and huge trading volume, this is a typical bull trap and main force rally resonance. The 1H RSI is at 68.34, not yet in overbought territory, leaving room for further upside. Market depth shows buy orders (Bid) are far thicker than sell orders (Ask), with an imbalance of 11.31%, indicating very strong support below and providing a solid foundation for the rise.
View real-time market 👇$TAKE $BTC ‌ ‌
TAKE26,19%
BTC5,63%
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