【$AR Signal】Pullback to go long! 1H oversold + order book support, prepare for rebound

$AR The 1H timeframe has entered the oversold zone, and the price is testing a key support zone. The 4H cycle shows the price has fallen from the high of 1.727, but open interest remains stable, with no signs of panic selling. This looks more like a long leverage wipeout rather than a main force dump. Currently, the 1-hour RSI has dropped to 34, approaching oversold levels, and the latest 1-hour buy ratio is as high as 66%, indicating funds are attempting to support at this level. Order book data shows heavy buy orders in the 1.628-1.635 range below, forming a solid support wall.

🎯 Direction: Long (pullback setup)

⚡ Entry/Order: 1.617 - 1.633

🛑 Stop Loss: 1.595

🚀 Target 1: 1.680

🚀 Target 2: 1.705

🛡️ Trading Management:

- Execution Strategy: Use staggered entries, buy on dips within the support zone. After reaching Target 1, reduce position by 50%, and move the stop loss of the remaining position to the entry price. If the price strongly breaks through 1.680, trail the stop loss on the remaining position to seek greater gains.

Deep Logic: Although the price has fallen, open interest remains stable. Coupled with negative funding rates, this suggests a potential short squeeze condition—liquidation of short positions could trigger a rapid rebound. The 1-hour chart shows the price has moved away from the EMA20, indicating a need for technical correction. The buy depth below is imbalanced at 4.93%, showing strong buying interest at this level, fueling the rebound. This is a typical short-term sniper point to "seek opportunities in panic."

Check real-time market 👇 $AR

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