$FIL Signal】Long - 1H pullback confirmation, strong order book support



$FIL The 1H timeframe is oscillating near the critical EMA20 (0.9881), with price supported by order book depth in the 0.987-0.988 range. The 4H timeframe has stabilized above EMA50 (0.9742), and the overall trend remains intact. The current price is closely following the 1H EMA20, forming a typical pullback confirmation pattern. Coupled with negative funding rates (-0.0096%) and stable open interest (OI Stable), the short covering pressure persists, providing a good opportunity for short-term scalp.

🎯Direction: Long (Long)

⚡Entry/Order: 0.985 - 0.988

🛑Stop Loss: 0.975

🚀Target 1: 1.010

🚀Target 2: 1.028

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss up to the entry price of 0.988. Hold the remaining position for Target 2. If the price pulls back and breaks below the moving stop, exit all positions.

Order Book Logic: Order book depth imbalance reaches 21.90%, with buy-side depth (bid_ask_ratio_depth=1.56) significantly stronger than sell-side, indicating solid support below. The 1H RSI (50.41) is in a neutral zone with room to move higher. The 4H candlestick previously tested 1.028, which is a recent resistance level; breaking through would open up space. The current price is in an optimal entry zone with a favorable risk-reward ratio.

View real-time market 👇 $FIL

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