【$XPIN Signal】Long - 1H breakout pullback confirmation, main force clearly intends to support the market

$XPIN The 1H timeframe has experienced a massive surge and is now in a healthy pullback and consolidation phase. The price is ranging around 0.001734, exactly above the 1H EMA20 (0.0017) support, and the 4H timeframe has already stabilized above the middle of the previous large bullish candle. This is a typical strong consolidation pattern. Open interest (OI) remains stable, and the price has not fallen sharply, indicating that the main force has not exited but is actively supporting the market at this level. Market depth data shows bid depth exceeds ask depth, with an imbalance rate of 8.09%, providing solid support below. Combined with RSI 1H (58.48) in a healthy bullish zone, short-term momentum is expected to gather again.

🎯Direction: Long (Long)

🎯Entry/Order: 0.001725 - 0.001735 (Reason: Pullback to 1H EMA20 support zone and the upper boundary of the previous dense trading area )

🛑Stop Loss: 0.001690 (Reason: Break below the low of the 1H consolidation platform and ATR lower band )

🚀Target 1: 0.001800 (Reason: Previous high resistance level, also the high point of the previous 1H upper shadow )

🚀Target 2: 0.001850 (Reason: 4H previous high area and 1.272 Fibonacci extension level )

🛡️Trade Management:

- Position size suggestion: Light (Reason: Hot Coin volatility is extremely high, strict risk control is necessary )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price (break-even). If the price strongly breaks through 0.001800 and stabilizes, the remaining position target can be set at 0.001850.

Depth logic: Over the past 4 hours, after a massive surge, there has been no significant decline in open interest (OI), indicating this is not just retail chasing highs or short covering, but rather funds are absorbing. The 1-hour candlestick has formed a narrow range between 0.001719-0.001751, a typical "air refueling" pattern, preparing for the next wave of rally. Market buy orders at 0.001718 have accumulated over 4 million USDT, forming strong psychological and technical support. The current funding rate is only 0.005%, with no risk of a long squeeze, environment favors bulls.

Trade here 👇 $XPIN

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