【$USELESS Signal】Long (Pullback Entry) - 4H Breakout and Re-test Confirmation, Main Force Clearly Protecting the Market

$USELESS On the 1H timeframe, after a sharp rally, a healthy pullback has occurred, with the price re-testing the key support zone of the 4-hour breakout level. Currently, the 1-hour RSI has fallen from the overbought zone to a healthy level, and open interest remains stable, indicating that the rally is not purely driven by short sellers, with signs of main force support. The 4-hour chart shows the price has strongly broken through the previous consolidation upper boundary, indicating a bullish structure.

🎯Direction: Long (Pullback Entry)

⚡Entry/Order: 0.0442 - 0.0452

🛑Stop Loss: 0.0428

🚀Target 1: 0.0486

🚀Target 2: 0.0505

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price. The remaining position aims for Target 2 with a trailing stop. If the price pulls back and breaks the trailing stop line, exit all positions.

Deep Logic: The buy-side activity on the 4-hour level significantly increased during the rally. Although there is some selling pressure in the current order book, there are dense buy orders below, forming a solid support cushion. The 20 EMA on the 1-hour chart acts as a dynamic support, closely aligning with the suggested entry zone. Funding rates remain positive but not overheated, indicating a healthy bullish market. Combined with the fact that open interest did not decrease after the breakout, this appears to be a shakeout after main force push-up, preparing for the next wave of rally.

View real-time market 👇 $USELESS

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