【$CARV Signal】Two-way order script! Bottom search after 1H plunge, 4H oscillation lower boundary, waiting for trend confirmation
$CARV The 1H timeframe just experienced a volume-driven plunge, with the price dropping from 0.0681 to 0.0639, a decline of over 6% in one hour. Currently testing the 4H EMA50 (0.0639) and the previous oscillation support level. The 1H RSI has entered oversold territory (42.98), but buying depth is weak (depth imbalance -33.46%), indicating panic selling. Open interest remains stable, not indicative of major players offloading, more like a liquidation cascade triggered by long squeezes. We are at a critical support/resistance crossroads; avoid chasing shorts directly, wait for stabilization signals or a reversal breakout.
🎯 Direction: Wait and see (Two-way conditional orders)
⚡ Script One: Buy on pullback (anticipate rebound)
🎯 Entry/Order: 0.0632 - 0.0635 ( Reason: 4H EMA50 support zone and upper boundary of previous consolidation area )
- Position suggestion: Light position ( Reason: Unclear trend, high volatility, very high risk )
- Execution strategy: Only execute one of the scripts. If entering both, reduce position by 50% after reaching Target 1, and move stop-loss up to entry level. For short entries, if price drops below 0.0635, move stop-loss down to 0.0660 to lock in partial profits.
Depth logic: The current 1H plunge accompanied by a sharp increase in volume, but open interest remains stable, indicating a leverage wipeout rather than major player exit. The order book buy depth is extremely weak; wait for large orders to support or volume confirmation of a bottoming reversal with a bullish candle. The 4H remains in a broad oscillation zone between 0.0620 and 0.0690. The current price is near the lower boundary, favoring a rebound, but strict stop-loss is essential. If the price cannot hold above 0.0640 (4H EMA50), further decline is possible.
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【$CARV Signal】Two-way order script! Bottom search after 1H plunge, 4H oscillation lower boundary, waiting for trend confirmation
$CARV The 1H timeframe just experienced a volume-driven plunge, with the price dropping from 0.0681 to 0.0639, a decline of over 6% in one hour. Currently testing the 4H EMA50 (0.0639) and the previous oscillation support level. The 1H RSI has entered oversold territory (42.98), but buying depth is weak (depth imbalance -33.46%), indicating panic selling. Open interest remains stable, not indicative of major players offloading, more like a liquidation cascade triggered by long squeezes. We are at a critical support/resistance crossroads; avoid chasing shorts directly, wait for stabilization signals or a reversal breakout.
🎯 Direction: Wait and see (Two-way conditional orders)
⚡ Script One: Buy on pullback (anticipate rebound)
🎯 Entry/Order: 0.0632 - 0.0635 ( Reason: 4H EMA50 support zone and upper boundary of previous consolidation area )
🛑 Stop-loss: 0.0625 ( Reason: Break below recent daily lows, structure breakdown )
🚀 Target 1: 0.0658 ( Reason: 1H plunge origin and EMA20 resistance )
🚀 Target 2: 0.0673 ( Reason: 4H previous high resistance )
⚡ Script Two: Weak rebound, chase short (trend-following)
🎯 Entry/Order: 0.0658 - 0.0662 ( Reason: Rebound testing 1H EMA20 and previous support turned resistance )
🛑 Stop-loss: 0.0675 ( Reason: Break above 1H downtrend line and previous high )
🚀 Target 1: 0.0635 ( Reason: Retracement to previous low support )
🚀 Target 2: 0.0620 ( Reason: ATR extension level )
🛡️ Trading management:
- Position suggestion: Light position ( Reason: Unclear trend, high volatility, very high risk )
- Execution strategy: Only execute one of the scripts. If entering both, reduce position by 50% after reaching Target 1, and move stop-loss up to entry level. For short entries, if price drops below 0.0635, move stop-loss down to 0.0660 to lock in partial profits.
Depth logic: The current 1H plunge accompanied by a sharp increase in volume, but open interest remains stable, indicating a leverage wipeout rather than major player exit. The order book buy depth is extremely weak; wait for large orders to support or volume confirmation of a bottoming reversal with a bullish candle. The 4H remains in a broad oscillation zone between 0.0620 and 0.0690. The current price is near the lower boundary, favoring a rebound, but strict stop-loss is essential. If the price cannot hold above 0.0640 (4H EMA50), further decline is possible.
Check real-time quotes 👇 $CARV
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