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【$NOT Signal】Pullback Long + 1H Level Strong Retest Confirmation
$NOT 1H level is currently in a healthy pullback consolidation phase following a volume-driven rally. Price has established firm support above the 4H EMA20, while the 1H level is retesting the critical EMA20 moving average and previous breakout zone, forming technical support. Position volumes remain stable with no panic selling, indicating institutional capital is still in the market. Current bid depth at 0.0004110-0.0004120 range is unusually thick, forming a strong support band and providing excellent safety margin for pullback long entries.
🎯 Direction: Long
⚡ Entry/Order: 0.0003980 - 0.0004000
🛑 Stop Loss: 0.0003930
🚀 Target 1: 0.0004220
🚀 Target 2: 0.0004300
🛡 ️Trade Management:
- Execution Strategy: Upon reaching Target 1, reduce position by 50% to lock profits, and move the stop loss of remaining position to entry price. If price fails to stabilize in the entry zone and breaks below the stop loss in reverse, exit decisively.
( Deep Logic: 1H RSI has healthily pulled back from overbought zone to around 66, with momentum repaired. The past 4H candles show active buying, with the last 4H candle closing as a strong bullish candle confirming effective breakout. Order book data shows over 120 million units accumulating around 0.0004110 below, with strong support, while selling pressure above is relatively dispersed, favorable for price to retest highs again. )
View Live Charts 👇 $NOT
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