【$CRCL Signal】Waiting for a pullback to confirm after a callback, RSI in overbought zone

$CRCL RSI soared to 82.22, the upper band of the 4H Bollinger Bands at 127.42 is clearly suppressing, 1H MACD shows a death cross, buying pressure is broken. Funding rate is 0.0184%, relatively low, and the bulls and bears are not in an extreme battle. The current price of 124.5 has moved away from the suggested entry zone; a pullback to around 123.9 is the ideal entry point.
🎯Direction: Long (Pending order)
⚡Entry/Pending order: 123.9
🛑Stop loss: 103.7
🚀Target 1: 125.4
🚀Target 2: 132.7
🛡️Trade management: - Execute strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: 1H volume is shrinking, 4H momentum is flat, and after overbought conditions, the willingness to buy decreases. A volume increase and stabilization near EMA20_1h (120.9) would be a safe zone. The pending order at 123.9 is exactly at the upper boundary of the range; although the risk-reward ratio is poor, the direction is clear.
Check real-time market 👇 $CRCL
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