【$FIGHT Signal】Short squeeze pullback, sniper for a second pulse

$FIGHT After a violent surge on the 1H timeframe, RSI skyrocketed to 79.4, with a break in buying momentum, and the price quickly retreated from the high of 0.0050. The 4H Bollinger Bands are being directly expanded, but the MACD histogram is still expanding, indicating that bullish momentum has not fully exhausted. Market depth is imbalanced at -8.92%, with sparse sell orders, and short covering pressure is building up.

The price can attempt to go long around 0.0038, which is the confluence zone of the 1H EMA20 and the previous high-volume trading area, showing clear support from funds. Defensive stops must be placed below 0.003479; a break below indicates the bulls' defense has failed. The first target is 0.004181, a psychological resistance near the previous high. The second target is 0.004198; a breakout could test the intraday new high.

🛡️Trading management: - Execution strategy: Reduce position by half after reaching 0.004181, and move the stop loss of the remaining position to the entry price. If the price cannot hold above 0.0038 and drops again, exit proactively and observe.

Negative funding rate -0.22% combined with stable open interest, a typical short squeeze structure. The 1-hour trading volume has contracted after the surge, indicating healthy turnover. This kind of move, a significant pullback for the first time, often serves as a pivot for a second intraday jump, with a favorable risk-reward ratio.

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