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【$CROSS Signal】Pullback confirmation, bulls make a second push
$CROSS 4H level Bollinger Bands are widening strongly, price has broken above the upper band, MACD fast and slow lines have crossed bullish and continue to diverge, indicating strong bullish momentum. The 1H level has completed a pullback near 0.082, buying interest is actively supporting, and the current price is tightly hugging the upper Bollinger Band. The order book shows sparse sell orders, limited selling pressure above 0.0845, and low resistance from capital pushing upward.
🎯Direction: Long
⚡Entry: Enter directly at the current price of 0.08453, or place a pending order at 0.08411.
🛑Stop Loss: 0.06667
🚀Target 1: 0.08448
🚀Target 2: 0.08481
🛡️Trade Management:
- Execution strategy: Half position at Target 1, remaining position’s stop loss moved up to entry price. If the price pulls back to the entry level, exit unconditionally.
Open interest remains stable, no large-scale exits. Although the 1H RSI has fallen back from high levels to 62, the price refuses a deep correction, indicating healthy turnover. The funding rate of 0.005% is still within a reasonable range, with no extreme short squeeze risk. The current risk-reward ratio may seem unfavorable, but momentum trading on Hot Coin focuses more on the inertia space after a breakout rather than traditional risk-reward ratios.
Check real-time market 👇 $CROSS
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