【$GRASS Signal】Long Pursuit Game! 1H Level Violent Surge, Major Force Clearly Protecting the Market
$GRASS The 1H level has just completed an epic volume breakout, with a single 4H candlestick gaining over 27%, indicating a surge in momentum. The current price is strongly consolidating around 0.225. Although the 1H RSI is in the overbought zone, it has not turned down, and open interest remains stable, showing that major funds are still active in the market. This is a typical strong correction structure after a short squeeze. The 4H level has broken through all previous resistance, turning the trend bullish, but caution is needed for short-term profit-taking.
🎯Direction: Go Long (Long)
🎯Entry/Order: Light position entry at the current price range of 0.2250 - 0.2260. If the price strongly pulls back, add a second position at 0.2180 - 0.2200 (supported by 1H EMA20).
🛑Stop Loss: 0.2140 (breaks below the start of the strong 1H surge, indicating structural damage).
🚀Target 1: 0.2350 (previous high resistance and round number).
🚀Target 2: 0.2450 - 0.2500 (extended target based on ATR measurement).
🛡Trading Management:
- Position: Light (1-2% risk exposure). If adding at 0.2180, overall position should not exceed a standard lot.
- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the stop loss of the remaining position to the entry price (break-even). After reaching Target 2, reduce another 30%, leaving 20% of the position to attempt higher gains, with a trailing stop to protect profits.
Deep Logic: This rally was accompanied by huge trading volume, but open interest remains stable, indicating it’s not just a short squeeze but new long funds are entering. The order book shows deep buy support in the 0.224-0.225 area (over 400,000 USD), clearly indicating major force protecting the market. The 1H RSI is as high as 89, severely overbought, but Hot Coin’s characteristic is that overbought can become more overbought. Before signs of momentum exhaustion (such as divergence or long upper shadows) appear, it’s not advisable to guess the top too early. The risk is that if the price cannot quickly break through and hold above 0.23, a double top on the 1H could form, and a decisive exit is necessary.
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【$GRASS Signal】Long Pursuit Game! 1H Level Violent Surge, Major Force Clearly Protecting the Market
$GRASS The 1H level has just completed an epic volume breakout, with a single 4H candlestick gaining over 27%, indicating a surge in momentum. The current price is strongly consolidating around 0.225. Although the 1H RSI is in the overbought zone, it has not turned down, and open interest remains stable, showing that major funds are still active in the market. This is a typical strong correction structure after a short squeeze. The 4H level has broken through all previous resistance, turning the trend bullish, but caution is needed for short-term profit-taking.
🎯Direction: Go Long (Long)
🎯Entry/Order: Light position entry at the current price range of 0.2250 - 0.2260. If the price strongly pulls back, add a second position at 0.2180 - 0.2200 (supported by 1H EMA20).
🛑Stop Loss: 0.2140 (breaks below the start of the strong 1H surge, indicating structural damage).
🚀Target 1: 0.2350 (previous high resistance and round number).
🚀Target 2: 0.2450 - 0.2500 (extended target based on ATR measurement).
🛡Trading Management:
- Position: Light (1-2% risk exposure). If adding at 0.2180, overall position should not exceed a standard lot.
- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the stop loss of the remaining position to the entry price (break-even). After reaching Target 2, reduce another 30%, leaving 20% of the position to attempt higher gains, with a trailing stop to protect profits.
Deep Logic: This rally was accompanied by huge trading volume, but open interest remains stable, indicating it’s not just a short squeeze but new long funds are entering. The order book shows deep buy support in the 0.224-0.225 area (over 400,000 USD), clearly indicating major force protecting the market. The 1H RSI is as high as 89, severely overbought, but Hot Coin’s characteristic is that overbought can become more overbought. Before signs of momentum exhaustion (such as divergence or long upper shadows) appear, it’s not advisable to guess the top too early. The risk is that if the price cannot quickly break through and hold above 0.23, a double top on the 1H could form, and a decisive exit is necessary.
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