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【$INX Signal】Overbought pullback risk, wait for the bottom of the range to buy
$INX 1H RSI soared to 86.19, price broke above the Bollinger upper band at 0.0109 and continued to surge, but buy depth of 1.36 shows strong support orders, trading volume continues to increase. 4H MACD bullish bars are expanding, but the price is far from the moving average, with dense resistance above in the short term.
🎯Direction: Long (place order and wait for pullback)
⚡Entry: 0.011168 (limit order, at the upper edge of the pullback range)
🛑Stop loss: 0.009343
🚀Target 1: 0.011214
🚀Target 2: 0.011259
🛡️Trade management: Reduce 50% at Target 1, move stop loss to break-even; if the price falls below the entry price, exit immediately. Limited space, strictly follow discipline.
Overbought zone chasing high has a poor risk-reward ratio; patience and wait for a pullback for a more secure entry.
View real-time market 👇 $INX
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