【$IDOL Signal】Long - Confirmation of pullback after strong breakout on the 1H timeframe

$IDOL The 1H timeframe is currently consolidating at a high level after a strong rally, with the price supported above the EMA20 (0.0236). The 4H timeframe has even seen a massive breakout of the previous consolidation range, indicating a shift from weak to strong trend. Although the current 1H RSI (75.17) is somewhat high, the price refuses to undergo a deep correction, showing strong buying interest. Open interest remains stable, with the funding rate at 0.0404% being positive but not overheated. The order book depth shows buy orders far exceeding sell orders (imbalance of 55.87%), indicating clear main force support.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.0249 - 0.0251 ( Reason: Pullback to 1H EMA20 support zone and dense trading area in the previous hour's candlestick )

🛑 Stop-loss: 0.0244 ( Reason: Break below the key support low on the 1H timeframe and below ATR lower band )

🚀 Target 1: 0.0265 ( Reason: Resistance at previous high on the 4H timeframe and 1.272 Fibonacci extension level )

🚀 Target 2: 0.0278 ( Reason: 1.618 Fibonacci extension level )

🛡️ Trading Management:

- Position size suggestion: Light position ( Reason: Daily gains are already significant, volatility is extremely high, risk control is essential )

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop-loss to entry price 0.0251. Hold the remaining position to aim for Target 2; if the price retraces and breaks the trailing stop, exit all positions.

Deep logic: A massive bullish candle on the 4H timeframe (volume of 2.08 billion) directly reverses the downtrend, which is a clear signal of main force entering the market. Although the latest 1-hour candle closed bearish, the order book depth (large buy orders accumulated at 0.0249-0.0250) is unusually thick, indicating large funds are supporting the bottom to prevent a price decline. The high RSI on the 1H chart indicates a strong market. Combined with order book imbalance, this is not simply a short squeeze but a protective move after bulls actively accumulate. The core strategy is to play the first pullback in a strong trend, with a risk-reward ratio >1.5.

View real-time market 👇 $IDOL

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