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【$CHILLGUY Signal】Pullback confirmed, bulls strike again
$CHILLGUY 1H timeframe price has stabilized above the upper Bollinger Band, RSI surged to 73, buying pressure is lacking but the capital support is obvious. After the 4H MACD golden cross, volume continues to increase, open interest remains stable, and the price has broken above the previous high of 0.008851, opening up upward space.
🎯Direction: Long
⚡Entry/Order: Enter around 0.008457 directly, aggressive traders can try a small position at the current price of 0.008988, conservative traders can place a pending order at 0.008300.
🛑Stop Loss: 0.008200
🚀Target 1: 0.009087
🚀Target 2: 0.009402
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
The 4-hour volume surged dramatically on the latest candle, indicating genuine buying. Market depth shows selling pressure concentrated around 0.0090, but there are thick orders from 0.0089 to 0.0085 below, quickly absorbing selling pressure. The funding rate of 0.0333% remains healthy, with no extreme short-squeeze risk. This structure of volume and price rising together offers a risk-reward ratio of over 4 times, making it worthwhile to take a small position to aim for upward space.
View real-time market 👇 $CHILLGUY
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