【#Gate蓝龙虾重磅上线 Signal】Short squeeze pullback, second attempt to break higher!

The 1H timeframe has experienced a massive rally and is currently in a high-level consolidation phase, supported above the 1H EMA20, forming a strong consolidation platform. The 4H timeframe has confirmed a breakout of the long-term downtrend line, indicating a shift in the major cycle trend. Currently, the negative funding rate is as high as -0.36%, but open interest remains stable, and prices are holding firm. This is a typical short squeeze characteristic, with bears paying high costs. Once a pullback is confirmed, it is very likely to trigger a second upward move.

🎯 Direction: Long

⚡ Entry/Order: 0.01028 - 0.01055, staggered entries

🛑 Stop Loss: 0.01000

🚀 Target 1: 0.01274

🚀 Target 2: 0.01383

🛡️ Trading Management:

- Execution Strategy: Use staggered take profits. When the price reaches the first target of 0.01274, reduce the position by 50%, and move the stop loss of the remaining position to the entry price (break-even). The remaining position aims for the second target. If the price retraces and falls below the trailing stop, exit all positions.

$XAI Depth Logic: The current rally is accompanied by extremely high trading volume, with clear signs of main capital involvement. The 1-hour RSI has fallen from overbought territory back to 69, gathering strength for another upward move. Market depth data shows buy orders far exceeding sell orders, with strong support below. Combined with the negative funding rate and stable open interest, there is a strong market expectation of a short squeeze, making pullbacks an opportunity. $XAI

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