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【$UB Signal】Deep pullback to go long, 1H overbought correction before positioning
$UB 4H RSI soared to 80.48, buy order ratio 0.51, funding rate 0.0038%, order book imbalance -2.87%. 1H MACD bullish momentum weakening, last candle has a long upper shadow. Wait for price to retrace to around 0.15962 to go long.
🎯Direction: Long (pullback pending order)
⚡Entry: Pending order at 0.15962
🛑Stop loss: 0.13781
🚀Target 1: 0.20324
🚀Target 2: 0.22505
🛡️Trade management: Reduce 50% at Target 1, move stop loss to break-even. If price falls below entry point, automatically exit.
Order book logic: 4H Bollinger Bands opening, price pierced the upper band then retraced, bullish momentum clearly showing signs of distribution. OI stable, funding rate normal, no short squeeze conditions. Be patient and wait for deep pullback near EMA50, risk-reward ratio is attractive.
Check real-time market 👇 $UB
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