【$ALGO Signal】 Pullback to add long, short squeeze structure begins to emerge $ALGO 1H timeframe rallies then pulls back; the price is oscillating near the upper Bollinger Band. The 4H MACD is above the signal line and shows a golden cross—bullish momentum is still present—but the 1H MACD histogram turns negative; a short-term correction is needed. 🎯 Direction: Long ⚡ Entry/Order: 0.1159 - 0.1189 🛑 Stop Loss: 0.1128 🚀 Target 1: 0.1433 🚀 Target 2: 0.1555 🛡️ Trade Management: - Execution Strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price drops back to the entry level, you will be exited automatically to protect the principal. Funding rate has been pushed to negative, but the open interest remains stable; the price has not dropped sharply along with the funding rate. This divergence usually suggests that short sellers have ample fuel. The 1H RSI has fallen from the high level back to 63, providing healthy room for a pullback. Sell orders are dense around 0.1180, and they coincide with the 4H EMA20 support, forming a solid defensive zone. The risk-reward ratio is above 4, so the odds for this setup are quite favorable. Check real-time market 👇 $ALGO --- Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL ‍#Gate广场四月发帖挑战 #三月非农数据来袭 #加密市场行情震荡

The M-plate trading hours, Ethereum is in a volatile phase, with the technical outlook generally weakening. The one-hour chart shows the price staying near the middle band of the Bollinger Bands. Regarding the indicator, the MACD bullish momentum is shrinking, and the dual lines are operating below the water. My personal view on the upcoming trend is that it is more likely to oscillate and continue to pressure downward, gradually exhausting retail investors' inflows. Market data indicates a overall shrinking volume; although capital flow is returning, the inflow magnitude is not optimistic enough, so a short-term bearish outlook is maintained. Ethereum: Short at 2052, with a short-term target of 1992. Defensive stop 30 points #BTC #ETH