【$BR Signal】Long - 1H breakout pullback confirmation, main capital supports the market

$BR The 1H timeframe has experienced a massive rally and is currently in a strong consolidation phase at high levels. The 4H timeframe has broken through the previous consolidation platform, indicating a bullish trend. Although the 1H RSI is still in the high zone, the price refuses to undergo a deep correction, and open interest remains stable, showing that the main capital has not exited but is actively supporting the market. The order book shows selling pressure concentrated just above the current price; once broken, it will trigger short covering.

🎯 Direction: Long

⚡ Entry/Order: 0.0655 - 0.0660 ( This is a strong pullback zone, corresponding to the 1H EMA20 support )

🛑 Stop Loss: 0.0640

🚀 Target 1: 0.0695

🚀 Target 2: 0.0720

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position's stop loss up to the entry price. If the price strongly breaks through 0.0695 and stabilizes, move the remaining stop loss up to 0.0675 to continue aiming for Target 2.

Depth Logic: In the past few hours, the price surged nearly 10%, but open interest did not decrease, indicating that this is not just retail FOMO but that funds are actively absorbing. The buy-side depth on the 1-hour chart remains solid near the key support level, showing strong backing below. The 4-hour chart has formed a bullish engulfing pattern, and the price is above the EMA50, indicating a medium-term bullish shift. Currently, funding rates are not high, and the risk of a short squeeze is low, favoring a healthy bullish continuation.

View real-time market 👇 $BR

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #2月非农意外负增长