After forming a double bottom structure around the 1H level at 0.0456 with increased volume rebound, the RSI has turned upward from the oversold zone, indicating a short-term momentum return. Although the 4H level remains in a downward channel, the latest candlestick closed bullish, and the buying ratio $STRK 0.62( has significantly rebounded, suggesting an oversold rebound demand. The order book shows sell orders accumulating above 0.0465; once broken, a short squeeze will be triggered.



🎯Direction: Long )Long(

🎯Entry/Order: 0.0462 - 0.0464 )Reason: 1H double bottom neckline retest zone, EMA20_1H dynamic support (

🛑Stop Loss: 0.0455 )Reason: Break below the low of the 1H double bottom structure, ATR-based stop loss (

🚀Target 1: 0.0475 )Reason: Resistance at the previous wave's starting point of the 4H decline (

🚀Target 2: 0.0485 )Reason: Confluence of 4H EMA20 resistance and Fibonacci 0.382 retracement level (

🛡️Trade Management:

- Position Size: Light )Reason: 4H trend remains bearish; this is a counter-trend rebound play (

- Execution Strategy: When the price reaches 0.0470 (risk-reward ratio 1:1), move the stop loss up to the entry price. After reaching Target 1, reduce position by 50%, and trail the remaining position to breakeven towards Target 2.

Deep Logic: The price is declining but open interest remains stable, indicating no sustained selling by major players. The latest 1-hour buy ratio reaches 0.62, and order book depth shows dense buy orders below 0.0463 (strong support), while sell orders in the 0.0465-0.0466 range are relatively thin, creating a liquidity gap for an upward breakout. The 1H RSI)40.22( has formed a preliminary bullish divergence, and the funding rate is extremely low )0.0010%(, creating conditions for a bullish rebound.

View real-time market 👇 )
---

Follow me: Get more real-time analysis and insights into the crypto market!
$STRK
#我在Gate广场过新年
STRK-2,76%
ATR13,73%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Crypto_Buzz_with_Alexvip
· 17h ago
Wishing you abundant wealth and great success in the Year of the Horse 🐴✨
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)