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【$CROSS Signal】Short squeeze pullback, sniper second pulse
$CROSS After a massive surge on the 1H timeframe, consolidation at high levels, the 4H Bollinger Bands are fully open, and the price has broken above the upper band. RSI skyrocketed to 85.57, indicating severe overbought conditions, but open interest remains stable, and the fee rate is only 0.022%, showing no signs of overheating. The order book depth is 1.68 times the sell orders, with a clear intention of capital support.
🎯Direction: Pullback to go long
⚡Entry/Order: Buy near 0.08473 directly
🛑Stop loss: 0.06487
🚀Target 1: 0.08515
🚀Target 2: 0.08550
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
The 1H MACD momentum bars are beginning to contract, which is a healthy pullback after a sharp rise, not a trend reversal. The 4H MACD golden cross continues to widen, indicating trend momentum remains intact. The current risk-reward ratio isn't perfect, but considering the depth advantage of buy orders and the fee rate not being overextended, this pullback presents an opportunity rather than a risk. A large number of buy orders are stacked in the 0.084-0.085 range, quickly absorbing selling pressure.
Check real-time market 👇 $CROSS
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