【$THE Signal】Short squeeze initiated, bulls break through the upper Bollinger Band

$THE 1H RSI 72.8 with MACD histogram expanding continuously, price breaks through the 4H upper Bollinger Band at 0.0625, buy-side depth proportion 1.81, funding rate -0.5081% extreme negative value. Short resistance is weak, with order book thickness near current price 0.06877 clearly favoring buyers. Short-term momentum has not exhausted yet, risk-reward ratio is reasonable, you can try to follow.

🎯Direction: long

⚡Entry/Pending Order: 0.0685637 - 0.0687700

🛑Stop Loss: 0.0680823

🚀Target 1: 0.0698015

🚀Target 2: 0.0703173

🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, automatically exit to protect principal.

Deep logic: Negative funding rate combined with stable OI, shorts passively absorb sell pressure; before 1H MACD shows bearish divergence, momentum remains dominant. However, RSI is high so be wary of pullback, short-term sniping requires strict stop loss.

View real-time quotes 👇 $THE
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