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【$CROSS Signal】Pullback to go long, market support clearly intended
$CROSS 1H timeframe rebounds after rally, current price consolidates around 0.082. The 4H Bollinger Band breaks above the upper band, RSI surges to 83.6, short-term overheating needs digestion. But on the 1H timeframe, buy order depth is very thick, with a wall of orders below 0.0819 exceeding 100k USDT, fully exposing the capital support intention. MACD double lines are above the zero line, bullish momentum remains.
🎯Direction: Pullback to buy
⚡Entry/Order placement: Enter directly around 0.08186, or place a pending order at 0.0775 for ambush
🛑Stop loss: 0.06537
🚀Target 1: 0.07216
🚀Target 2: 0.07443
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If price falls back into the entry zone, exit automatically to protect principal.
Order book shows buy walls concentrated at 0.0819-0.08196, with depth imbalance reaching 7.9%, sell pressure relatively dispersed. Open interest remains stable above 21 million USD, with no significant fund outflow caused by profit-taking. The 1-hour RSI has fallen from high levels to 62, providing room for another upward move. Under this structure, a sharp drop is less likely; a high-level consolidation before choosing a direction is more probable. The risk-reward ratio isn't perfect, but the safety margin provided by the order book is worth a try.
Check real-time market 👇 $CROSS
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