【#Gate2月透明度报告 Signal】Long - 1H pullback confirmation, main force clearly intends to support the market

The 1H timeframe has experienced a violent surge and is now undergoing a healthy pullback and consolidation, with the price supported above the key EMA moving averages. The 4H timeframe shows a large bullish candle establishing a strong foundation, with open interest remaining stable, indicating that the main force has not exited. This is a typical bullish continuation pattern. Currently, the 1-hour RSI has retreated from overbought levels to a healthy zone, preparing for another upward move.

🎯 Direction: Long

⚡ Entry/Order: 0.05316 - 0.05453

🛑 Stop Loss: 0.04850

🚀 Target 1: 0.07863

🚀 Target 2: 0.09068

🛡️ Trading 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 strongly breaks through Target 1, move the stop loss below Target 1 to let profits run.

Deep Logic: Over the past 24 hours, the price has increased by nearly 30%, but open interest has not decreased, indicating this is not purely retail FOMO but rather sustained capital support. Market depth data shows that although the current buy and sell orders are slightly imbalanced, there is a dense accumulation of buy orders around 0.0567, forming a strong support. The price has pulled back to the EMA20 on the 1-hour chart, which is an excellent entry point for bulls to re-enter. Coupled with positive funding rates, market bullish sentiment is still fermenting, but it has not reached extreme crowded levels, so the risk of a short squeeze is relatively low.

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