【$VVV Signal】Long + 1H level momentum breakout, clear signs of main force supporting the market
$VVV The 1H level has just completed a volume breakout, with the price stabilizing above EMA20_1H, and momentum is strong. The 4H level has closed positive for several consecutive periods, breaking through the previous oscillation zone upper boundary, and the trend is accelerating. Currently, the negative funding rate combined with firm prices suggests potential short squeeze. Open interest remains stable, but the price has surged significantly. Based on market logic, this appears to be main force entering rather than purely short covering. The order book shows buy depth accumulating around 4.37, providing immediate support.
🎯Direction: Long (Long)
🎯Entry/Order: 4.38 - 4.42 (Gradually enter near current price )
🛑Stop Loss: 4.25 (Break below 1H previous low and EMA50_1H support )
🚀Target 1: 4.65 (Previous high resistance zone )
🚀Target 2: 4.90 (Extended target based on ATR calculation )
🛡️Trade Management:
- Position: Standard size. Enter in two batches at 4.38 and 4.40.
- Execution Strategy: After the price reaches 4.65 (Target 1), reduce position by 50%, and move the stop loss of the remaining position up to the entry price of 4.38. If the price strongly breaks through 4.65 and stabilizes, hold the remaining position towards 4.90.
(Depth Logic: The 1H RSI is as high as 74, indicating short-term overbought conditions, but this is typical of a strong breakout and not suitable for shorting directly. The 4H RSI is at 62.55, still room to rise. Key is whether the price can establish a new support level in the 4.35-4.38 range. The order book imbalance is 9.21%, with selling pressure relatively concentrated. Once the sell wall at 4.39-4.40 is broken, the upward speed may accelerate. In a negative funding rate environment, short positions have high costs, providing a cushion for longs. )
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【$VVV Signal】Long + 1H level momentum breakout, clear signs of main force supporting the market
$VVV The 1H level has just completed a volume breakout, with the price stabilizing above EMA20_1H, and momentum is strong. The 4H level has closed positive for several consecutive periods, breaking through the previous oscillation zone upper boundary, and the trend is accelerating. Currently, the negative funding rate combined with firm prices suggests potential short squeeze. Open interest remains stable, but the price has surged significantly. Based on market logic, this appears to be main force entering rather than purely short covering. The order book shows buy depth accumulating around 4.37, providing immediate support.
🎯Direction: Long (Long)
🎯Entry/Order: 4.38 - 4.42 (Gradually enter near current price )
🛑Stop Loss: 4.25 (Break below 1H previous low and EMA50_1H support )
🚀Target 1: 4.65 (Previous high resistance zone )
🚀Target 2: 4.90 (Extended target based on ATR calculation )
🛡️Trade Management:
- Position: Standard size. Enter in two batches at 4.38 and 4.40.
- Execution Strategy: After the price reaches 4.65 (Target 1), reduce position by 50%, and move the stop loss of the remaining position up to the entry price of 4.38. If the price strongly breaks through 4.65 and stabilizes, hold the remaining position towards 4.90.
(Depth Logic: The 1H RSI is as high as 74, indicating short-term overbought conditions, but this is typical of a strong breakout and not suitable for shorting directly. The 4H RSI is at 62.55, still room to rise. Key is whether the price can establish a new support level in the 4.35-4.38 range. The order book imbalance is 9.21%, with selling pressure relatively concentrated. Once the sell wall at 4.39-4.40 is broken, the upward speed may accelerate. In a negative funding rate environment, short positions have high costs, providing a cushion for longs. )
View real-time market 👇 $VVV
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