【$COLLECT Signal】Long | 1H Breakout and Retest Confirmation, Clear Intent of Capital Support
$COLLECT The 1H timeframe is currently in a healthy retracement phase after a strong breakout. The price has stabilized above the EMA20 (0.0731) on the 4H timeframe, forming an upward trend. The 1H EMA20 (0.0774) acts as a dynamic support, and the current price hovers around 0.0808, digesting previous gains, with obvious signs of bullish accumulation. Market depth shows sell orders stacking above 0.081, but buy orders are unusually thick in the 0.0806-0.0807 range, indicating main force support and rejection of deep retracement. Open interest remains stable, and the funding rate is normal. This is a typical consolidation after a breakout, waiting for a second upward move.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0805 - 0.0807 (Reason: 1H EMA20 dynamic support zone + concentrated buy orders in the order book )
🛑Stop Loss: 0.0780 (Reason: Break below the previous 1H support + key level of 4H EMA20 )
🚀Target 1: 0.0835 (Reason: Previous high resistance and 1.272 Fibonacci extension level )
🚀Target 2: 0.0860 (Reason: 1.618 Fibonacci extension level and previous accumulation zone on the daily chart )
🛡️Trade Management:
- Position Size Suggestion: Light (Reason: Hot Coin volatility is high, strict risk control needed )
- Execution Strategy: After entering, if the price reaches Target 1 smoothly, reduce position by 50% and move the remaining stop loss to the entry price (break-even). Hold the remaining position for Target 2. If the price cannot quickly move away from the cost area and falls back below 0.0800, consider exiting early.
Depth Logic: The 4H has closed with consecutive bullish candles, breaking the descending trend line. The 1H RSI (61.12) is in a healthy, slightly strong zone with no overbought signals, leaving room for further upside. The key point is that open interest (OI) remains stable during the price increase, without significant decline, indicating that the move is not purely driven by short covering but possibly new bullish funds entering. Market logic suggests ‘price rising, combined with open interest to judge,’ and current conditions lean more towards ‘main force entering to support the market.’ The level at 0.0780 (4H EMA20) is a critical boundary; as long as it holds, the trend continues.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$COLLECT Signal】Long | 1H Breakout and Retest Confirmation, Clear Intent of Capital Support
$COLLECT The 1H timeframe is currently in a healthy retracement phase after a strong breakout. The price has stabilized above the EMA20 (0.0731) on the 4H timeframe, forming an upward trend. The 1H EMA20 (0.0774) acts as a dynamic support, and the current price hovers around 0.0808, digesting previous gains, with obvious signs of bullish accumulation. Market depth shows sell orders stacking above 0.081, but buy orders are unusually thick in the 0.0806-0.0807 range, indicating main force support and rejection of deep retracement. Open interest remains stable, and the funding rate is normal. This is a typical consolidation after a breakout, waiting for a second upward move.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0805 - 0.0807 (Reason: 1H EMA20 dynamic support zone + concentrated buy orders in the order book )
🛑Stop Loss: 0.0780 (Reason: Break below the previous 1H support + key level of 4H EMA20 )
🚀Target 1: 0.0835 (Reason: Previous high resistance and 1.272 Fibonacci extension level )
🚀Target 2: 0.0860 (Reason: 1.618 Fibonacci extension level and previous accumulation zone on the daily chart )
🛡️Trade Management:
- Position Size Suggestion: Light (Reason: Hot Coin volatility is high, strict risk control needed )
- Execution Strategy: After entering, if the price reaches Target 1 smoothly, reduce position by 50% and move the remaining stop loss to the entry price (break-even). Hold the remaining position for Target 2. If the price cannot quickly move away from the cost area and falls back below 0.0800, consider exiting early.
Depth Logic: The 4H has closed with consecutive bullish candles, breaking the descending trend line. The 1H RSI (61.12) is in a healthy, slightly strong zone with no overbought signals, leaving room for further upside. The key point is that open interest (OI) remains stable during the price increase, without significant decline, indicating that the move is not purely driven by short covering but possibly new bullish funds entering. Market logic suggests ‘price rising, combined with open interest to judge,’ and current conditions lean more towards ‘main force entering to support the market.’ The level at 0.0780 (4H EMA20) is a critical boundary; as long as it holds, the trend continues.
Trade here 👇 $COLLECT
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #Gate广场发帖领五万美金红包