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【$TRADOOR Signal】Short squeeze continues, pullback is an opportunity
$TRADOOR The 1H timeframe price has broken above the upper Bollinger Band, RSI has surged to 68.93, indicating initial signs of a buying gap. The 4H MACD histogram is still expanding, but the price has entered overbought territory. Market depth shows sell orders stacking above 4.864, buy orders supporting below 4.862, indicating fierce battle between bulls and bears.
🎯Direction: Pullback to go long
⚡Entry/Order: 3.747 - 4.854
🛑Stop loss: 3.587
🚀Target 1: 4.067
🚀Target 2: 4.227
🛡️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 capital.
Funding rate is as high as 0.1891%, and open interest remains stable, which is typical fuel for a short squeeze. After the 1H MACD golden cross, volume continues to increase, but there is slight divergence between price and RSI, increasing the probability of a short-term pullback to digest profit-taking. Under this structure, chasing the high directly offers poor risk-reward; waiting for a healthy pullback to let the market shake out the hesitant bulls is a more prudent sniper position. Dense orders around 4.85 below can be seen as the first line of defense.
Check real-time market 👇 $TRADOOR
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