【$BNB Signal】Short squeeze rebound, second push higher

$BNB 4H level MACD fast and slow lines opening upward, histogram continues to expand, bullish momentum not exhausted. The upper Bollinger Band has been pierced, price is operating in an absolute strong zone. Market depth imbalance -55.6%, sell orders are significantly thinner than buy orders, but the bid-ask spread is widening, indicating active turnover at high levels. Funding rate -0.0101%, short positions have negative holding costs, indicating potential short squeeze fuel.

🎯Direction: Pullback to go long

⚡Entry/Order: Near the lower boundary of 0.24198 - 0.38502 range

🛑Stop loss: 0.16796

🚀Target 1: 0.39004

🚀Target 2: 0.46406

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

RSI reading 89.15, overbought is a fact, but in a strong short squeeze market, overbought conditions can persist longer. Current risk-reward ratio is acceptable; patience with entry points is key. Although 1-hour data is missing, the 4-hour EMA20 has crossed above EMA50 to form a golden cross, indicating clear medium-term trend support. Volume has decreased on the latest 4-hour candle, needing a healthy pullback to digest floating positions and accumulate new upward momentum. OI trend remains stable, indicating traders are not exiting large positions en masse.

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