【$MON Signal】Short squeeze buildup, pullback is a buy signal

$MON 1H level high sideways trading, 4H Bollinger Bands opening upward, price has already broken above the upper band. RSI 1H 74.31, bullish momentum remains but shows signs of fatigue. Market data reveals key information: thick orders below in the 0.0318 to 0.0319 range, buy wall depth far exceeds sell orders, indicating clear support from funds. Resistance above in the 0.0320 to 0.0321 range, forming short-term resistance.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: 0.0308 - 0.0312

🛑Stop Loss: 0.0290

🚀Target 1: 0.0335

🚀Target 2: 0.0352

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

4H MACD fast and slow lines are diverging, indicating the trend is still expanding. The 1H MACD histogram has slightly contracted, but the price refuses deep correction; each dip is quickly absorbed by dense buy orders below. Open interest remains stable, funding rate is only 0.005%, indicating low short squeeze risk. Under this structure, if the price retraces to around the 1H EMA20 (0.0304), the risk-reward ratio will be highly attractive. The first target above is near the previous high of 0.0335, and the second target is based on the 4H Fibonacci extension level.

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