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【$FIGHT Signal】Long | Healthy Pullback After Explosive Breakout
$FIGHT After a 24% surge on the 4-hour chart with high volume, the price is undergoing a healthy pullback and chip reset. The price is supported above the previous breakout level of 0.0060, and the 4-hour candlestick shows selling pressure weakening, with buyers continuously absorbing at lower levels. Funding rates are slightly negative, conducive to long position building, with no extreme FOMO sentiment.
🎯 Direction: Long
🎯 Entry: 0.00655 - 0.00668
🛑 Stop Loss: 0.00592 ( Rigid stop loss, below previous low and dense trading zone )
🚀 Target 1: 0.00738
🚀 Target 2: 0.00780
Hardcore logic: After a massive bullish candle (the second 4H candle), the correction is contained within 50% of the body of the bullish candle, indicating strong consolidation. Order book shows sparse sell orders, and main selling pressure has been released. The current price is close to the bid stacking zone, with strong support consensus at 0.0060-0.0062. Combined with stable open interest, this is judged as a bullish continuation rather than a top. Risk-reward ratio is better than 1:2, aligning with probabilistic advantage.
Trade here 👇 $FIGHT
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#Gate广场创作者新春激励
#Is the current market bottoming out or just waiting on the sidelines?