【$THE Signal】Long | Healthy Pullback After Volume Breakout
$THE After a volume breakout from the previous consolidation range on the 4-hour chart, a healthy pullback is underway. The price is supported near the key breakout level of 0.225, with buying pressure continuously absorbing selling pressure. The funding rate is significantly negative, indicating strong bearish sentiment, which is favorable for short covering.
🎯 Direction: Long
🎯 Entry: 0.238 - 0.242
🛑 Stop Loss: 0.218 ( Rigid Stop Loss )
🚀 Target 1: 0.268
🚀 Target 2: 0.295
Hardcore Logic: The 4H candlestick chart shows three consecutive volume-increasing bullish candles confirming the breakout, with the latest candle being a Pin Bar with a long lower shadow, indicating strong buying in the 0.225-0.218 range. Open interest (OI) is increasing alongside the price, confirming that the main force is entering long positions rather than short covering. The order book shows a weak sell wall at 0.2462, and once broken, the upside space opens. The negative funding rate provides excellent odds for long hedging. Price action (PA) indicates this is the first pullback after the breakout, a high-probability entry pattern.
Trade here 👇 $THE
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【$THE Signal】Long | Healthy Pullback After Volume Breakout
$THE After a volume breakout from the previous consolidation range on the 4-hour chart, a healthy pullback is underway. The price is supported near the key breakout level of 0.225, with buying pressure continuously absorbing selling pressure. The funding rate is significantly negative, indicating strong bearish sentiment, which is favorable for short covering.
🎯 Direction: Long
🎯 Entry: 0.238 - 0.242
🛑 Stop Loss: 0.218 ( Rigid Stop Loss )
🚀 Target 1: 0.268
🚀 Target 2: 0.295
Hardcore Logic: The 4H candlestick chart shows three consecutive volume-increasing bullish candles confirming the breakout, with the latest candle being a Pin Bar with a long lower shadow, indicating strong buying in the 0.225-0.218 range. Open interest (OI) is increasing alongside the price, confirming that the main force is entering long positions rather than short covering. The order book shows a weak sell wall at 0.2462, and once broken, the upside space opens. The negative funding rate provides excellent odds for long hedging. Price action (PA) indicates this is the first pullback after the breakout, a high-probability entry pattern.
Trade here 👇 $THE
---
Follow me: Get more real-time analysis and insights on the crypto market!
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