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$GWEI Signal - 4H bullish continuation, 1H pullback to go long
$GWEI 4H MACD histogram continues to expand, the upper Bollinger Band at 0.1342 provides short-term resistance. 1H RSI has pulled back from overbought territory to 66.46, price retesting near EMA20. Continuous buy orders appear in the 0.13061-0.13100 range, funding rate 0.0050% shows no abnormality. Depth bid/ask ratio 0.97, selling pressure is low, buying support is acceptable. This is a short-term long play with a reasonable risk-reward ratio, risk controlled below 0.12969.
🎯Direction: Long
⚡Entry/Pending order: 0.13061 - 0.13100
🛑Stop loss: 0.12969
🚀Target 1: 0.13296
🚀Target 2: 0.13395
🛡️Trade management: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically to protect principal.
4H trend is upward and unbroken, 1H correction provides a better entry point. Watch the 0.12969 support, if broken, abandon the trade.
View real-time quotes 👇 $GWEI
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