【$C Signal】LONG! 1H-level violent rally pullback confirmation, short squeeze continues
$C The 1H-level just experienced an epic volume surge, with price exploding directly from around 0.06 to 0.086, daily gain exceeding 55%. Current price is consolidating strongly at the top of the massive bullish candle, 4H-level has confirmed a breakthrough of the long-term downtrend line, trend reversal established. Although 1H RSI has entered the overbought zone, considering the funding rate is deeply negative and open interest remains stable, this is not merely a bull frenzy, but a combined result of short liquidations and main force short squeeze. Price has not experienced a significant pullback, indicating strong absorption.
🎯Direction: LONG (Buy on dips)
⚡Entry/Orders: 0.05995 - 0.06149
🛑Stop Loss: 0.05700
🚀Target 1: 0.07945
🚀Target 2: 0.08844
🛡️Trade Management: - Execution Strategy: Adopt batch entry approach, accumulate on dips within the recommended range. After price reaches the first target 0.07945, reduce position by 50% and move the stop loss of remaining position up to entry price. If price strongly breaks through 0.08844, consider holding part of the position for larger gains, using 1H-level EMA20 as dynamic trailing stop-profit.
Deep Logic: This is a typical short squeeze scenario. Key evidence: 1) Price surged 55% simultaneously while open interest remained stable, with no position reduction from bull profit-taking, indicating shorts are being continuously forced to liquidate. 2) Funding rate is deeply negative, shorts need to pay high fees, further exacerbating squeeze pressure. 3) 1-hour level bid depth is thick, with dense support below. 4H-level breakthrough is valid, current pullback is an excellent second entry opportunity. Market logic indicates price increase accompanied by stable open interest, which is typical characteristics of main force support or short liquidation, we choose to follow the trend and snipe.
【$C Signal】LONG! 1H-level violent rally pullback confirmation, short squeeze continues
$C The 1H-level just experienced an epic volume surge, with price exploding directly from around 0.06 to 0.086, daily gain exceeding 55%. Current price is consolidating strongly at the top of the massive bullish candle, 4H-level has confirmed a breakthrough of the long-term downtrend line, trend reversal established. Although 1H RSI has entered the overbought zone, considering the funding rate is deeply negative and open interest remains stable, this is not merely a bull frenzy, but a combined result of short liquidations and main force short squeeze. Price has not experienced a significant pullback, indicating strong absorption.
🎯Direction: LONG (Buy on dips)
⚡Entry/Orders: 0.05995 - 0.06149
🛑Stop Loss: 0.05700
🚀Target 1: 0.07945
🚀Target 2: 0.08844
🛡️Trade Management:
- Execution Strategy: Adopt batch entry approach, accumulate on dips within the recommended range. After price reaches the first target 0.07945, reduce position by 50% and move the stop loss of remaining position up to entry price. If price strongly breaks through 0.08844, consider holding part of the position for larger gains, using 1H-level EMA20 as dynamic trailing stop-profit.
Deep Logic: This is a typical short squeeze scenario. Key evidence: 1) Price surged 55% simultaneously while open interest remained stable, with no position reduction from bull profit-taking, indicating shorts are being continuously forced to liquidate. 2) Funding rate is deeply negative, shorts need to pay high fees, further exacerbating squeeze pressure. 3) 1-hour level bid depth is thick, with dense support below. 4H-level breakthrough is valid, current pullback is an excellent second entry opportunity. Market logic indicates price increase accompanied by stable open interest, which is typical characteristics of main force support or short liquidation, we choose to follow the trend and snipe.
View live market 👇 $C
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