【#Gate2月透明度报告 Signal】Healthy pullback after a callback and strong breakout

The 1H timeframe has experienced a violent surge of over 23%, currently in a consolidation phase to digest gains. The 4H timeframe has formed a clear upward trend, with the price far above the EMA50 and strong momentum. Currently, the 1H RSI has fallen back from overbought territory to around 80, which is a normal technical correction after a continuous rise for a strong coin, not a trend reversal. Market depth data shows that although selling pressure is emerging, buy orders below are still substantial, indicating clear support from the main force. Open interest remains stable, combined with a positive funding rate, suggesting bullish sentiment still dominates, and this rally is supported by real funds.

🎯 Direction: Long (buy on pullback)

⚡ Entry/Order: 0.04501 - 0.04617

🛑 Stop Loss: 0.04160

🚀 Target 1: 0.06444

🚀 Target 2: 0.07358

🛡 Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to rise as expected and falls back to the lower boundary of the entry zone, decisively exit and observe.

$NAORI Depth Logic: Six consecutive bullish candles on the 4-hour chart, with volume and price rising together, which is a clear signal of main force entering. The 1-hour level pulls back after a surge to retest previous breakout levels and the EMA20, forming an ideal second entry point. Open interest remains stable, indicating it’s not purely a short squeeze but also supported by new funds recognizing the current price. Although RSI is high, there is no bearish divergence, so the pullback is an opportunity. The 0.0416 level below is a strong support and previous high on the 4H timeframe, with a clear stop loss level. $NAORI

View real-time market 👇 (
---

Follow me: Get more real-time analysis and insights into the crypto market! )$NAORI
$BTC