$D Signal 1H overbought selling pressure appears, short-term bears target

$D 4H Bollinger Band upper band 0.0121 has been violently broken through, current price 0.013571 far exceeds the upper band, 1H RSI surged to 76.85 then retreated, buying depth has some support but high-level trading volume has sharply decreased—recent 1H bullish candles have smaller bodies, with obvious upper shadows. Funding rate -0.0446% remains negative, short positions have low entry costs.

🎯Current price directly opens a short position, most of the longs taking the position are likely FOMO. Entry at 0.013571, stop loss set at 0.014200, a break above indicates funds still have upward momentum. First target at 0.010960, second target at 0.010200. Risk-reward ratio close to 1:3, worth betting.

🛡️Upon reaching 0.010960, halve the position, move stop loss down to 0.011800. If the price retraces to the entry point without breaking below, continue holding the remaining position; if it falls below 0.010200, exit all.

Objective facts of the market: After consecutive bullish candles on the 4H chart, the first 1H candle with a long upper shadow appears, indicating weakening bullish momentum. Depth data shows buy orders still dominate, but sparse orders at high levels suggest that once selling pressure is released, it could accelerate. RSI in overbought zone turning down is the best window for short-term shorting.

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