$POWER Signal】Pullback to go long! 1H level retest confirmation, negative funding rate + stable OI, clear signs of main force defending the market



$POWER The 1H level is oscillating around a critical support zone (0.430-0.432), with the price pulling back from the 4H high of 0.471. Currently testing support above the 1H EMA50 (0.4180). The 4H level remains in an upward channel, but short-term momentum is weakening. Key signals: negative funding rate (-0.0030%) and stable OI, price declining but positions not reduced, indicating limited bearish pressure, and the main force may be accumulating. The 1H RSI (48.75) is approaching neutral, building momentum for a rebound. The order book buy depth is accumulating around 0.432 (nearly 3000 orders), forming a micro support wall.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.4310 - 0.4330 ( Reason: Resonance between the previous low support zone on the 1H level and dense buy orders )

🛑 Stop loss: 0.4250 ( Reason: Breaking below the recent 1H low of 0.4295 and EMA50 support, invalidating the pullback structure )

🚀 Target 1: 0.4450 ( Reason: Resistance at the previous high on the 1H level and EMA20 pressure level )

🚀 Target 2: 0.4550 ( Reason: Previous high resistance on the 4H level, also a recent rebound high )

🛡️ Trading management:

- Position suggestion: Light position ( Reason: 4H trend has not clearly reversed, a small contra trend against the larger trend )

- Execution strategy: After reaching 0.4450, reduce position by 50%, and move the remaining stop loss up to the entry price of 0.4330. If the price quickly breaks through 0.4450, hold the remaining position and target 0.4550. If the price consolidates for more than 4 one-hour candles without moving, consider closing half.

Depth logic: Current market logic indicates “price rising, consider position size,” while OI remains stable during the pullback, leaning more towards “main force defending or accumulating” rather than “bearish sell-off.” The buy order depth imbalance is at 17.35%, with relatively sparse sell orders, conducive to a quick rebound. ATR is 0.0233, making stop loss reasonable, with a risk-reward ratio (R:R) for the first target around 1.5, meeting requirements. This is a typical short-term opportunity for “pullback long + capital support.”

View real-time market 👇 $POWER

---

Follow me: Get more real-time analysis and insights into 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
POWER0,22%
BTC-1,76%
ETH-2,58%
SOL-4,12%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)