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

$OP The 1H timeframe is strongly consolidating above the EMA20 (0.1876), just completing a test and retest of the previous high at 0.1918. The 4H timeframe has three consecutive bullish candles, with the price stabilizing above EMA20 (0.1845), forming a short-term upward trend. Currently, the price is oscillating near 0.1905 with narrow fluctuations, and the bid-ask depth ratio (1.48) is significantly better than the sell side, indicating strong support below. Open interest remains stable, and the price has risen without a decrease in position volume, suggesting main force support rather than retail accumulation. The 1H RSI (68.08) is healthy, not overbought, leaving room for further upward movement.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.1900 - 0.1905 ( Reason: 1H EMA20 support zone and the lower boundary of the current consolidation platform )

🛑 Stop Loss: 0.1880 ( Reason: Break below the lower boundary of the 1H dense trading zone and the previous 1H candle low )

🚀 Target 1: 0.1940 ( Reason: Resistance at the previous rebound high on the 4H timeframe )

🚀 Target 2: 0.1980 ( Reason: 1.618 Fibonacci extension level and psychological integer level )

🛡️ Trading Management:

- Position Size Suggestion: Standard Position ( Reason: 1H/4H trend resonance, clear market support )

- Execution Strategy: After reaching 0.1940 (Target 1), reduce position by 50%, and move the remaining stop loss to the entry price of 0.1905 (break-even). If the price strongly breaks through 0.1940 and stabilizes, hold the remaining position towards 0.1980.

Depth Logic: Market logic indicates “price rising, please consider open interest,” currently open interest is stable, and the price increase is unlikely due to short covering, more likely new funds entering. The depth imbalance reaches 19.37%, with buy orders far exceeding sell orders, indicating very strong support below. The 1H level has formed a structure of higher highs and higher lows, and the latest 1-hour candle closes near the open price, showing that selling pressure has been effectively absorbed, preparing for the next upward move.

Trade here 👇 $OP

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