【$ORDER Signal】Pullback to buy, main force's intention to support the market is clear

$ORDER After a violent surge on the 1H timeframe, the price has broken away from the short-term moving averages, RSI has soared to 83, and the short-term risk of chasing the high has sharply increased. On the 4H timeframe, the price has broken out of the upper Bollinger Band, MACD histogram is still expanding, but on the 1H timeframe, the histogram has started to contract, indicating signs of weakening momentum.

🎯Direction: Long (pullback orders)

⚡Entry/Order: 0.04995 - 0.05124

🛑Stop Loss: 0.04970

🚀Target 1: 0.05741

🚀Target 2: 0.06050

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Order book data shows significant sell orders stacked above 0.0573, indicating short-term selling pressure needs to be absorbed. However, open interest remains stable after the price surge, with no large-scale profit-taking, suggesting that main capital is still active in the market. Funding rate is negative, and short positions are costly, hinting at potential short squeeze scenarios. The current risk-reward ratio exceeds 4:1, making it worthwhile to wait for a healthy pullback to build a position rather than chasing the high.

View real-time market 👇 $ORDER
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