$COAI 1H level has experienced a massive surge and is currently in a healthy pullback and consolidation phase. The price is supported around 0.425, and the 1H EMA20 (0.3800) has crossed above the EMA50 (0.3482), forming a bullish alignment, providing strong support for the pullback. On the 4H level, a massive bullish candle has directly reversed the long-term downtrend. Currently, the price is strongly above the EMA20 (0.3448), which is a typical hot coin initiation pattern. Open interest remains stable, fees are normal, and there are no signs of major players offloading. The pullback is an opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 0.4240 - 0.4260 (Reason: 1H level pullback to previous breakout level and dense support zone)

🛑Stop Loss: 0.4150 (Reason: Break below previous 1H low and ATR(0.0212)lower band)

🚀Target 1: 0.4440 (Reason: Break above previous high resistance, create intraday new high)

🚀Target 2: 0.4650 (Reason: Based on the 1.618 Fibonacci extension of the upward wave)

🛡️Trade Management:

- Position suggestion: Light position (Reason: Daily increase has exceeded 37%, volatility is high, risk first)

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price (break-even). If the price strongly breaks through 0.4440, hold the remaining position towards Target 2.

Deep logic: Market logic indicates an upward trend, combined with stable open interest, which suggests this is more like a protective move by major players after entering the market, rather than pure retail FOMO. The 1H RSI (75.37) has fallen back from overbought territory, releasing overheating pressure and preparing for another rise. Order book data shows buy depth (bid_ask_ratio_depth: 1.13) slightly better than sell side, with dense orders around 0.424-0.425, providing strong support. The current strategy is to target the secondary rise after the main force's protective move.
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包