【$WIF Signal】Long - 1H breakout and retest confirmation, main force clearly intends to support the market

$WIF After a strong breakout above EMA20 and EMA50 on the 1H timeframe, the price is currently in the retest confirmation stage, with good volume and price action, and bullish momentum remains intact. Although the 4H timeframe is still in a downtrend channel, the latest bullish candle has engulfed the previous bearish candle, indicating weakening selling pressure in the short term. Market depth shows concentrated buy orders, open interest remains stable, and the price is rising without triggering large-scale liquidations, showing clear signs of main force support.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2065 - 0.2075 (Enter near current price or during slight pullback)

🛑Stop Loss: 0.2030 (Break below the 1H breakout high and EMA20 support)

🚀Target 1: 0.2120 (4H EMA50 and previous small resistance level)

🚀Target 2: 0.2180 (Daily downtrend line and previous high area)

🛡️Trade Management:

- Position: Light position to standard size. Hot Coins are volatile; avoid heavy positions.

- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss to the entry price (break-even). If the price strongly breaks above 0.2120 and stabilizes, move the remaining stop loss to break-even and hold for Target 2. If the price drops back to the entry area, indicating a failed breakout, exit decisively.

Depth Logic: 1H RSI(70.71) shows short-term overbought conditions, but this is normal after a strong breakout. Waiting for a pullback to around 60 is a better entry point. ATR(0.0062) indicates sufficient intraday volatility. Market depth imbalance of -0.87%, with slightly thicker sell orders, but the price remains firm, indicating strong buy support below, typical of a “passive order absorption” accumulation pattern. Open interest trend remains stable and does not decline with price increases, ruling out short squeeze and suggesting new long capital entering the market.

View real-time quotes 👇 $WIF

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