【$IN Signal】Short squeeze chasing longs / Extremely overbought, last push in betting game

$IN 1H timeframe violent surge over 30%, RSI skyrocketed to 89, 4H Bollinger Band upper band was directly broken through.
Buyers' depth appears balanced, but the price has already deviated far from the moving average cluster.
At this level of overbought, risk-reward ratio requires extreme caution, either riding the inertia upward or waiting for cooling off.

🎯Direction: Aggressive long chasing / Place orders to catch the pullback

⚡Entry / Pending order: Try a small position at the current price around 0.102, or place a pending order around 0.0686 to catch the pullback.

🛑Stop loss: 0.0623

🚀Target 1: 0.0813

🚀Target 2: 0.0877

🛡️Trade management: - Execute strategy: If entering at the current price, reduce half of the position near Target 1.
If the pending order is filled, hold until Target 2.
In any case, if the price falls back to the entry level, exit unconditionally.

1H MACD is still expanding, but the histogram shows signs of convergence.
4H volume has surged significantly, a typical sign of hot money inflow, but sustainability is doubtful.
Open interest remains stable rather than soaring, indicating it’s not purely driven by leveraged longs, but more like short squeeze triggered by spot buying.
Upper space is extremely compressed, support is seen at the 1H EMA50 around 0.0681.
In this position, small positions bet on the direction, with large stop-loss to chase the space as the only option.

Check real-time market 👇 $IN
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