$BARD 1H level is strong above EMA20, just broke above the previous high of 1.022, momentum is strong. A single bullish candle on the 4H chart confirms an upward trend, currently consolidating at the top of a massive candle, indicating a strong correction. Negative funding rate of -0.234% combined with firm price action forms a typical short squeeze structure, with clear main force support.
🎯Direction: Long (Long) ⚡Entry/Order: 1.028 - 1.032 🛑Stop Loss: 0.991 🚀Target 1: 1.080 🚀Target 2: 1.120 🛡️Trading Management: - Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price of 1.032. Use a trailing stop (e.g., if price drops below 1H EMA20) to chase larger gains. (Depth Logic: The 4H candle has a gain of over 23%, with volume exploding, which is a clear signal of main capital entering. Although the 1H RSI(71.6) is somewhat high, it can be tolerated in a short squeeze environment. Open interest(OI) remains stable, and the price has not fallen, indicating continued passive liquidation pressure on shorts. The order book shows buy orders accumulating in the 1.029-1.03 range, providing immediate support. ATR is 0.057, making the stop loss distance reasonable. ) View real-time market 👇#Gate广场发帖领五万美金红包 $BARD
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$BARD 1H level is strong above EMA20, just broke above the previous high of 1.022, momentum is strong. A single bullish candle on the 4H chart confirms an upward trend, currently consolidating at the top of a massive candle, indicating a strong correction. Negative funding rate of -0.234% combined with firm price action forms a typical short squeeze structure, with clear main force support.
🎯Direction: Long (Long)
⚡Entry/Order: 1.028 - 1.032
🛑Stop Loss: 0.991
🚀Target 1: 1.080
🚀Target 2: 1.120
🛡️Trading Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price of 1.032. Use a trailing stop (e.g., if price drops below 1H EMA20) to chase larger gains.
(Depth Logic: The 4H candle has a gain of over 23%, with volume exploding, which is a clear signal of main capital entering. Although the 1H RSI(71.6) is somewhat high, it can be tolerated in a short squeeze environment. Open interest(OI) remains stable, and the price has not fallen, indicating continued passive liquidation pressure on shorts. The order book shows buy orders accumulating in the 1.029-1.03 range, providing immediate support. ATR is 0.057, making the stop loss distance reasonable. )
View real-time market 👇#Gate广场发帖领五万美金红包 $BARD