#Gate蓝龙虾重磅上线 #伊朗在霍尔木兹海峡布设水雷 #原油价格回落 【$ZK Signal】Pullback to go long! 1H level retraces EMA20, signs of main force defending the market under negative funding rate

$ZK The 1H level is currently oscillating near the critical EMA20 moving average. The price has pulled back from the high point on the 4-hour level, but open interest remains stable, with no signs of panic selling. The current price has entered our pre-set optimized entry zone, which is a typical confirmation of a pullback structure.

🎯Direction: Long

⚡Entry/Order: 0.01867 - 0.01874

🛑Stop Loss: 0.01807

🚀Target 1: 0.02142

🚀Target 2: 0.02277

🛡️Trade Management:

- Execution Strategy: After the price reaches the first target of 0.02142, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price fails to break above 0.0192 and falls back into the entry zone, consider it a weak signal and exit decisively.

Deep Logic: The market shows that despite a slight decline in price, open interest remains stable, and the funding rate is negative, indicating that shorts need to pay fees, which suggests potential short squeeze risk. The 1-hour RSI is around 47, in a healthy retracement zone, not oversold. More importantly, order book data shows that buy-side depth below 0.0188 is unusually thick, forming a strong support wall, while selling pressure above is relatively dispersed. The 4-hour price remains in the upper part of a recent consolidation range. Once the 1-hour level stabilizes and rebounds at the support zone, it will create multi-timeframe resonance.

View real-time market 👇 $ZK

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