【$LIFE Signal】Long + 1H strong pullback confirmation, main force clearly intends to support the market

After experiencing a surge with high volume on the 1H timeframe, the price is now undergoing a healthy flag pattern correction, supported above the EMA20 (0.0695). This is a typical strong correction structure. The 4H timeframe has broken through the downtrend line, and the EMA20 (0.0666) is turning upward, indicating a trend reversal to bullish. Currently, the order book depth shows significantly more buy orders than sell orders (imbalance of 6%), and open interest remains stable, suggesting that the rally is not purely driven by short sellers being squeezed out, but with main capital support.

🎯Direction: Long $LIFE Long(

🎯Entry/Order: 0.0735 - 0.0740 (Enter near the current price directly)

🛑Stop Loss: 0.0710 (Break below the lower boundary of the 1H consolidation platform and EMA50 support)

🚀Target 1: 0.0790 (Previous high resistance level)

🚀Target 2: 0.0840 (Extended target based on ATR measurement)

🛡️Trade Management:

- Position size suggestion: Standard position (trend resonance, risk-reward ratio > 2:1, moderate participation).

- Execution strategy: After the price reaches 0.0790 (Target 1), reduce position by 50%, and move the stop loss of the remaining position up to the entry price of 0.0735. If the price strongly breaks through 0.0790, hold the remaining position towards Target 2.

Depth logic: The 1H RSI (66.29) is in a strong zone but not overbought, leaving room for further upward movement. The key point is that during the pullback from the high of 0.079, the open interest (OI) remains stable and does not drop significantly, ruling out the possibility of main force dumping after pushing the price higher. It appears more like a consolidation shakeout during an uptrend. Combined with the advantage in buy order depth, the support below is strong, making a bullish reversal highly probable.

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