$GWEI Signal】Pullback to Long + 4H Strong Support Confirmation



The 1H timeframe experienced a violent surge yesterday and is currently in a healthy consolidation phase with decreasing volume. The price has built a support level around 0.043, with the 1H EMA20 $GWEI 0.0421( providing immediate support. The 4H pullback to EMA20 )0.0371( confirms strong bullish momentum, forming a typical air-fuel pattern in an uptrend. Market depth shows buy orders significantly thicker than sell orders, and funding rates are healthy, preparing for another upward move.

🎯Direction: Long )Long(

⚡Entry/Order: 0.0428 - 0.0432

🛑Stop Loss: 0.0414

🚀Target 1: 0.0465

🚀Target 2: 0.0495

🛡️Trade Management:

- Position Size: Light

- Strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to the entry price of 0.0432. For the remaining position, aim for Target 2. If the price breaks below the trailing stop, exit decisively.

Order Book Logic: The 4H candlestick shows a massive bullish candle yesterday establishing an upward trend. The current volume decrease during the pullback is a healthy sign. Open Interest remains stable with no significant outflows, indicating that the main players have not exited. The 1H RSI )55.34( is in a neutral to slightly strong zone, leaving room for further upward movement. Market depth imbalance reaches 46.77%, with a clear accumulation of buy orders. There are dense buy orders in the 0.0420-0.0417 range below, forming a strong support zone. Combining ATR)14( at 0.0047, setting the stop loss below the previous low offers an excellent risk-reward ratio.

View real-time market 👇 )
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