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$CC Signal】Short squeeze structure, pull back to go long
$CC 1H timeframe spikes and consolidates, RSI surges to 84, buying momentum shows a divergence. Bollinger Bands opening upward, price has already broken above the upper band, short-term divergence is large. Liquidity is usually weaker during early weekend hours, and chasing high increases risk significantly.
🎯Direction: Pull back to buy
⚡Entry/Order: Accumulate in the 0.1454 - 0.1481 range
🛑Stop loss: 0.1453
🚀Target 1: 0.1547
🚀Target 2: 0.1580
🛡️Trade management:
- Execution strategy: Reduce half of the position at Target 1, move