【$CROSS Signal】Pullback confirmation, long positions hidden

$CROSS The 1H timeframe just experienced a sharp decline and shakeout, with the price dropping directly through the lower Bollinger Band from 0.085 to 0.0697, but then quickly rebounded near 0.0726. The MACD on the 4H chart still remains above the zero line, but the histogram is starting to contract, indicating that the bullish momentum is temporarily slowing down. The order book data is quite interesting; buy orders have accumulated over 130k contracts around 0.0725, while sell orders above are relatively sparse, showing a very direct intention of capital support.

The current price is exactly at the support near the 1-hour EMA50, where bulls and bears will fight fiercely. From a risk-reward perspective, entering long here with a small stop-loss has considerable potential upside.

🎯Direction: Long

⚡Entry: Enter directly at the current price around 0.0726, or place a hidden order at 0.07054.

🛑Stop-loss: 0.06676

🚀Target 1: 0.07809

🚀Target 2: 0.08187

🛡️Trade management:
- Execution strategy: When the price reaches 0.07809, reduce the position by half, and move the remaining stop-loss up to the entry price. If the price fails to hold above 0.0726 and drops again, consider exiting early for observation.

The quick recovery after a sharp decline often indicates that the main funds have not left the market but are just clearing out short-term traders. The 1-hour RSI has rebounded from oversold territory to 41, leaving room for recovery. Position volume remains stable, with no signs of panic selling, providing a foundation for a rebound. The area above 0.078 to 0.082 is a previous small platform and also the upper band pressure of the 4H Bollinger Bands; initial contact may face selling pressure.

Check real-time market 👇 $CROSS
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