【$STRK Signal】Pullback to go long! 1H retraces EMA20 support, 4H breakout confirmed

$STRK The 1H timeframe is currently retracing EMA20 (0.0510) as a key support level, and the 4H breakout has confirmed the previous consolidation zone’s upper boundary, forming a bullish structure. The price encountered resistance at 0.0525 and is healthy retracing, with volume contracting — a typical confirmation of a breakout pullback. Open interest remains stable under a negative funding rate (-0.0025%), indicating limited bearish pressure and potential for bulls to gather strength.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0508 - 0.0512 (Reason: 1H EMA20 dynamic support zone + 4H breakout candlestick midpoint )

🛑Stop Loss: 0.0502 (Reason: Break below 4H breakout low of 0.05046 and ATR lower band )

🚀Target 1: 0.0525 (Reason: Previous high resistance level and 4H upper shadow testing area )

🚀Target 2: 0.0540 (Reason: 1.618 Fibonacci extension level, corresponding to the previous decline wave )

🛡️Trade Management:

- Position Size Suggestion: Light position (Reason: Overall trend is still in early rebound phase from lows, high volatility )

- Execution Strategy: After reaching Target 1, take profit on 50% of the position, and move the stop loss of the remaining position up to the entry price of 0.0512. If the price strongly breaks above 0.0525 and stabilizes, consider moving Target 2 up to 0.0555 (previous resistance level).

Deep Logic: The 4H chart shows three consecutive bullish candles with volume breakout, with buy volume ratio (buy_sell_ratio) reaching 0.54 during the breakout, confirming main force entry. The current 1H RSI (52.34) is in neutral zone with ample room for upward movement. Open interest trend is stable, and no panic selling occurred during retracement, indicating healthy profit-taking. Market depth is balanced with no obvious imbalance, conducive to orderly price advancement. The key is whether the price can stabilize above 0.0510; stabilization here is the second ignition point.

Trade here 👇 $STRK

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