【$HIPPO Signal】Pullback to Long + 1H level strong consolidation, gathering strength for another push to previous high

$HIPPO The 1H level has experienced a significant rally yesterday and is currently in a strong consolidation at high levels, with the price staying above 0.00066. The 4H chart shows a long lower shadow bullish candle, confirming effective support below. The current price is testing the 1H EMA20 support, and the RSI on the 1H chart is at a healthy 53.9, indicating readiness for another upward move. Market depth data shows concentrated buy orders, stable open interest, and an intact bullish structure.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0006614 - 0.0006647

🛑Stop Loss: 0.0006450

🚀Target 1: 0.0006950

🚀Target 2: 0.0007350

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss up to the entry price. Hold the remaining position for Target 2. If the price pulls back and breaks below the moved stop loss, exit all positions.

(Depth Logic: Over the past 4 hours, after a massive rally, the price rejected a deep correction, indicating strong bullish support. The 1H candles repeatedly tested and held support near the EMA20, forming a small consolidation platform. The market depth imbalance is -13.42%, with relatively light sell pressure, conducive to an upward breakout. Combined with stable open interest, this is not a sign of major distribution but a typical feature of a bullish continuation. )

View real-time market 👇 $HIPPO

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