【$XMR Signal】1H level rebound confirmation, ambush and retest for long entry
$XMR The 1H level formed a double bottom in the 319-320 range, and recently rebounded with increased volume, breaking above EMA20(1H). Although the 4H level is still in a downtrend channel, the 1H momentum has already turned strong, and the buy depth (bid_ask_ratio_depth=0.83) shows strong support below. This is a typical short-term rebound signal. Open interest remains stable, and the price decline has not triggered panic selling, indicating early signs of main force support.
🎯Direction: Long (Long)
🎯Entry/Order: 323.8 - 324.5 (Reason: Retest of 1H EMA20 support and previous small platform)
🚀Target 2: 335.0 (Reason: 4H downtrend line resistance and Fibonacci 0.5 retracement level)
🛡Trade Management:
- Position suggestion: Light position (Reason: 4H trend not fully reversed, indicating a minor countertrend within a larger trend)
- Execution strategy: After reaching Target 1, move stop loss to the entry point (break-even). Protect remaining position with a trailing stop to aim for Target 2. If the price cannot stabilize above 325.5 after entry, consider reducing position early.
Depth logic: 1H RSI(45.59) has turned up from oversold area, showing potential for bullish divergence. The latest 1H buy volume ratio is as high as 80%, indicating active buy orders entering. Despite the 4H trend being bearish, the inflow of funds at the 1H level (is_taker_buying: true) and price stabilization form excellent odds for short-term trading. Market logic suggests ‘price falling but positions holding steady,’ which rules out main force dumping and looks more like a shakeout.
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【$XMR Signal】1H level rebound confirmation, ambush and retest for long entry
$XMR The 1H level formed a double bottom in the 319-320 range, and recently rebounded with increased volume, breaking above EMA20(1H). Although the 4H level is still in a downtrend channel, the 1H momentum has already turned strong, and the buy depth (bid_ask_ratio_depth=0.83) shows strong support below. This is a typical short-term rebound signal. Open interest remains stable, and the price decline has not triggered panic selling, indicating early signs of main force support.
🎯Direction: Long (Long)
🎯Entry/Order: 323.8 - 324.5 (Reason: Retest of 1H EMA20 support and previous small platform)
🛑Stop Loss: 319.0 (Reason: Break below 1H double bottom structure and intraday low)
🚀Target 1: 330.0 (Reason: 4H EMA20 resistance and previous rebound high)
🚀Target 2: 335.0 (Reason: 4H downtrend line resistance and Fibonacci 0.5 retracement level)
🛡Trade Management:
- Position suggestion: Light position (Reason: 4H trend not fully reversed, indicating a minor countertrend within a larger trend)
- Execution strategy: After reaching Target 1, move stop loss to the entry point (break-even). Protect remaining position with a trailing stop to aim for Target 2. If the price cannot stabilize above 325.5 after entry, consider reducing position early.
Depth logic: 1H RSI(45.59) has turned up from oversold area, showing potential for bullish divergence. The latest 1H buy volume ratio is as high as 80%, indicating active buy orders entering. Despite the 4H trend being bearish, the inflow of funds at the 1H level (is_taker_buying: true) and price stabilization form excellent odds for short-term trading. Market logic suggests ‘price falling but positions holding steady,’ which rules out main force dumping and looks more like a shakeout.
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