【$I'm Coming Signal】Long Position | Healthy Pullback After Explosive Breakout



$I'm Coming After a massive breakout on the 4-hour chart, the price is currently performing a healthy pullback and consolidation above the breakout level. The price retreated from the high of 0.0486, but trading volume significantly decreased, indicating limited selling pressure and a normal cooling-off after the breakout. The current price is close to the breakout zone around 0.0405, with dense buy order depth (0.040448-0.040444), forming a strong support. The funding rate of 0.0337% shows mild bullish sentiment, not overheated, which is favorable for subsequent upward movement.

🎯 Direction: Long

🎯 Entry: 0.0403 - 0.0405

🛑 Stop Loss: 0.0391 ( Rigid stop loss, below the previous low )

🚀 Target 1: 0.0460

🚀 Target 2: 0.0486

Hardcore logic: After accumulating in the 0.0355-0.0380 range, the price broke out strongly with a massive bullish candle (the second 4H candle). The subsequent pullback showed decreasing volume and did not break below the key breakout zone, forming a typical breakout-pullback-confirmation pattern. Psychologically, the bears were cleansed during the explosive rise, and currently, there is no selling pressure in consolidation. Buy orders continue to absorb in the support zone. Combining open interest changes with price action, this is a healthy bullish continuation structure, with a probability advantage pointing upward.

Trade here 👇 $I'm Coming

---

Follow me: Get more real-time analysis and insights on the crypto market!

#Gate广场创作者新春激励

#Is the current market bottoming or just waiting and watching?
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
Strong2233vip
· 5h ago
What is the retracement level?
View OriginalReply0
TheAgeOfPeaceWithThvip
· 8h ago
Is it really a healthy rebound?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)