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【$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
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#Gate广场创作者新春激励
#Is the current market bottoming or just waiting and watching?