【$ALGO Signal】Pullback to initiate long/short squeeze pattern emerges

$ALGO 1H timeframe shows a pullback with decreasing volume back to EMA20, confirming the signal on the right side. After a golden cross on the 4-hour MACD, momentum remains healthy, and the price is steadily above the upper half of the Bollinger Bands. The fee rate has been crushed, but open interest remains stable like a mountain, and the price is holding firm, a typical precursor to a short squeeze. There are heavy buy orders in the 0.1030-0.1040 range below, fully exposing the capital support intention.

🎯Direction: Long

⚡Entry/Orders: Layered accumulation in the 0.0971 - 0.0996 range

🛑Stop-loss: 0.0935

🚀Target 1: 0.1240

🚀Target 2: 0.1362

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop-loss to break-even. If the price falls back into the entry zone, exit automatically to protect the principal.

In a negative fee rate environment, open interest has not collapsed, indicating that short positions are accumulating but the price is not falling, which is the most dangerous signal. The 1-hour RSI has fallen from high levels into a healthy zone, giving bulls room to regain strength. Market depth shows that sell orders start stacking above 0.1050, but the support below is thicker, forming a natural buffer. Under this structure, a quick capital push could trigger a short squeeze.

View real-time market 👇 $ALGO
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