【$NAORI Signal】Long + 1H strong breakout, capital inflow supports the market
$NAORI The 1H level just experienced a volume breakout above the previous high, with the price reaching a new intraday high of 0.02906, indicating strong momentum. The 4H level shows a massive bullish candle confirming a reversal. Currently, the price is consolidating strongly above the 1H EMA20, open interest remains stable, and the main force is clearly supporting the market. Although the 1H RSI is high at around 79.56, it has not become dull, leaving room for further upward movement.
🎯Direction: Long (Long)
🎯Entry/Order: 0.02885 - 0.02895 (Reason: The lower boundary of the current strong consolidation zone, with dynamic support from 1H EMA20 )
🛑Stop Loss: 0.02820 (Reason: Falling below the previous 1H candle low and the middle of the 4H bullish candle, indicating a defense line for the bulls )
🚀Target 1: 0.02980 (Reason: Resistance at the previous high and psychological level of an integer )
🚀Target 2: 0.03120 (Reason: Based on the recent volatility, the 1.618 Fibonacci extension level )
🛡️Trade Management:
- Position size suggestion: Light position (Reason: Daily gains are already significant, and volatility is extremely high )
- Execution strategy: After the price reaches 0.02980, reduce position by 50% to lock in profits, and move the remaining stop loss up to 0.02885 (entry point). If the price cannot hold above 0.02930 and falls back, consider exiting early.
Deep logic: The price surged over 40% from 0.02053 on the 4H level with stable open interest, indicating it’s not purely a short squeeze but supported by new capital inflows. The order book shows buy depth (bid_ask_ratio_depth: 1.21) slightly better than sell, indicating a slight imbalance. The 1H RSI is high at 79.56, indicating overbought conditions, but Hot Coins often ignore overbought signals during momentum phases. The key is whether the price can hold above 0.0288; if it does, there is potential for a second rally.
Trade here 👇 $NAORI
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【$NAORI Signal】Long + 1H strong breakout, capital inflow supports the market
$NAORI The 1H level just experienced a volume breakout above the previous high, with the price reaching a new intraday high of 0.02906, indicating strong momentum. The 4H level shows a massive bullish candle confirming a reversal. Currently, the price is consolidating strongly above the 1H EMA20, open interest remains stable, and the main force is clearly supporting the market. Although the 1H RSI is high at around 79.56, it has not become dull, leaving room for further upward movement.
🎯Direction: Long (Long)
🎯Entry/Order: 0.02885 - 0.02895 (Reason: The lower boundary of the current strong consolidation zone, with dynamic support from 1H EMA20 )
🛑Stop Loss: 0.02820 (Reason: Falling below the previous 1H candle low and the middle of the 4H bullish candle, indicating a defense line for the bulls )
🚀Target 1: 0.02980 (Reason: Resistance at the previous high and psychological level of an integer )
🚀Target 2: 0.03120 (Reason: Based on the recent volatility, the 1.618 Fibonacci extension level )
🛡️Trade Management:
- Position size suggestion: Light position (Reason: Daily gains are already significant, and volatility is extremely high )
- Execution strategy: After the price reaches 0.02980, reduce position by 50% to lock in profits, and move the remaining stop loss up to 0.02885 (entry point). If the price cannot hold above 0.02930 and falls back, consider exiting early.
Deep logic: The price surged over 40% from 0.02053 on the 4H level with stable open interest, indicating it’s not purely a short squeeze but supported by new capital inflows. The order book shows buy depth (bid_ask_ratio_depth: 1.21) slightly better than sell, indicating a slight imbalance. The 1H RSI is high at 79.56, indicating overbought conditions, but Hot Coins often ignore overbought signals during momentum phases. The key is whether the price can hold above 0.0288; if it does, there is potential for a second rally.
Trade here 👇 $NAORI
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Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL