【$AIOT Signal】Pullback to buy more / Breakout to chase longs, 1H strong channel

$AIOT 1H level price has surged out of the upper Bollinger Band, and RSI has skyrocketed to 90.77, with the buying side extremely euphoric. The 4H level is also standing above the upper Bollinger Band, and the MACD double lines are strongly expanding. Market depth shows a clear buildup of sell orders above 0.0617, but there are very thick orders around 0.0615 below, exposing the intention to prop up capital. The current funding rate is as high as 0.12%, and long positions’ cost keeps increasing.

🎯Direction: Long (buy on pullback or chase on breakout)

⚡Entry/Orders: Buy in batches near the lower edge of the 0.03878 - 0.06116 range on a pullback; or wait to chase longs after the price strongly breaks above 0.06193.

🛑Stop loss: 0.03254

🚀Target 1: 0.06168

🚀Target 2: 0.06193

🛡️Trade management:
- Execution strategy: After the price touches the first target at 0.06168, cut the position by half, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.06116 and falls back, consider exiting early.

After this kind of rapid surge and high-level consolidation, it usually needs a decent pullback to digest the profit-taking and test the strength of support. The 4H EMA50 at 0.0327, together with the 1H EMA50 at 0.0373, forms a strong support zone below. OI stays stable with no sign of a large-scale exit, indicating the main funds are still in the market. The high funding rate is a potential risk, but it is also one of the characteristics of a strong market—the key is whether the price can hold the current range. If it directly breaks through the previous high of 0.0632 with volume, the upside room may open again.

View real-time market 👇 $AIOT
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