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【$PTB Signal】Bulls squeeze shorts + funds continue to push up
$PTB RSI 1H surged to 85.97, the bid-side order book gap is obvious. The funding rate is 0.0274% and a bit high, but the bulls are holding strong. 4H MACD is bull_expanding; trading volume continues to expand, and OI remains stable with no sign of distribution. Current deep liquidity Bid/Ask Ratio is 1.69, with active buy support below.
🎯 Direction: long
⚡ Entry / place orders: 0.000578930 - 0.000579800
🛑 Stop loss: 0.000574002
🚀 Target 1: 0.000588497
🚀 Target 2: 0.000592846
🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut position by 50% and move the stop loss up to the break-even level. If price falls back to the entry level, exit automatically to protect principal.
In a high funding-rate environment, the price has not pulled back, and the short-squeeze characteristics are clear. After consecutive big bullish candles on the 1H, there is a minor pullback; after digesting sell pressure, it may continue to surge upward. The risk-reward ratio is about 1.5, suitable for a short-term scalp.
Check real-time quotes 👇 $PTB
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