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【$4 Signal】Short squeeze pullback, sniper for a second surge
$4 After breaking the 1H level, the price pulls back and stays above the EMA20. The 4H Bollinger Bands are opening upward, and after breaking through the upper band and pulling back, this is a typical consolidation after a strong breakout. The MACD lines are diverging after a bullish crossover above the zero line, indicating that bullish momentum is still building.
🎯Direction: Long
⚡Entry/Order: 0.013580 - 0.013930
🛑Stop Loss: 0.013300
🚀Target 1: 0.016450
🚀Target 2: 0.017710
🛡️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 to the entry level, automatically exit to protect capital.
Order book depth shows heavy orders below 0.01500, indicating clear support from funds. Position size remains stable, and although the funding rate is positive, it’s not in a dangerous zone, so short squeeze risk is manageable. The 1H RSI has pulled back from high levels to around 67, leaving room for another upward move. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use a smaller stop loss to bet on trend continuation.
View real-time market 👇 $4
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