【$USELESS Signal】Long + 1H Breakout and Retest Confirmation, Main Force Clearly Protecting the Market

$USELESS The 1H level just broke above the previous high of 0.05478 with increased volume and closed strongly above the EMA20 (0.0523), showing strong momentum. The 4H level has already stabilized above the EMA20 (0.0469), forming an upward relay structure. Although the overall trend remains in a rebound cycle, short-term capital inflow is clear, open interest (OI) is stable, and signs of main force protecting the market are obvious, indicating potential for continued upward movement.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0550 - 0.0555 (Reason: After 1H breakout, retest confirms the area, EMA20_1H dynamic support )

🛑Stop Loss: 0.0530 (Reason: Falling below the 1H breakout low and EMA20_1H support, structure is broken )

🚀Target 1: 0.0585 (Reason: Resistance at the previous high on the 4H level and 1.272 Fibonacci extension )

🚀Target 2: 0.0610 (Reason: Previous accumulation zone on the daily chart and 1.618 Fibonacci extension )

🛡️Trade Management:

- Position Size Suggestion: Light (Reason: Hot Coin volatility is extremely high, risk control is essential )

- Execution Strategy: When price reaches 0.0585, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.0550. If the price strongly breaks through 0.0585 and stabilizes, hold the remaining position to target 0.0610.

Deep Logic: Price has risen 13.5% within the recent 4H cycle, but open interest (OI) remains stable with no significant decline. This is not simply a short squeeze but looks more like new funds entering to support the market. The 1H RSI (62.78) is in a healthy bullish zone, leaving room for further upside. Market depth shows heavy sell orders above 0.0557, serving as the first test, but buy orders below 0.0550 are also dense, providing strong support. Combined with positive funding rates, market sentiment is bullish but not overheated, suitable for short-term targeting.

View real-time quotes 👇 $USELESS

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