【$FORM Signal】Long - 1H pullback confirmation, main force clearly intends to support the market

$FORM The 1H timeframe has experienced a sharp surge yesterday and is currently in a healthy retracement phase, with the price supported near the key EMA20 moving average. The 4H timeframe has confirmed a breakout of the long-term downtrend, with a large bullish candle establishing a bullish tone. The current market is not topping out but is instead a typical high-level consolidation after a surge, preparing for the next upward move.

🎯Direction: Long (Long)

⚡Entry/Order: 0.2920 - 0.2986

🛑Stop Loss: 0.2750

🚀Target 1: 0.3400

🚀Target 2: 0.3600

🛡️Trade Management:

- Execution Strategy: When the price reaches 0.3400, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price of 0.2986. If the price fails to hold above 0.3400 and falls back, exit all positions.

(Depth Logic: The open interest remains stable amid sharp price fluctuations, indicating that the decline is not caused by retail traders chasing highs and causing a stampede, but rather by main force funds absorbing the market. The 1-hour RSI has healthy retraced from the overbought zone to 65, releasing overheating pressure and opening space for further upward movement. Market depth shows buy orders are significantly thicker than sell orders, with dense support below, making it difficult for bears to break through easily. Combined with positive funding rates, market bullish sentiment is still brewing rather than exhausted. )

Check real-time quotes 👇 $FORM

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #元宵赏月领红包