【$PTB Signal】Pullback to add long positions, the short squeeze structure first begins to take shape

$PTB 1H-level RSI spikes to 84, and the price pushes above the upper Bollinger Band, making the short term overheated. However, the 4-hour MACD histogram continues expanding, open interest stays stable, and in a negative funding rate environment, the price remains firm—this is a typical precursor to a short squeeze. The buy orders are stacked extremely thick in the 0.00078-0.00079 area, fully exposing the funds’ intent to provide support.

🎯 Direction: Go long

⚡ Entry / Place orders: 0.000696 - 0.000700

🛑 Stop loss: 0.000700

🚀 Target 1: 0.000688

🚀 Target 2: 0.000683

🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price drops back to the entry level, you will automatically exit to protect the principal.

There is a gap in the buy orders on the 1-hour timeframe, but the 4-hour structure shows the first pullback after a breakout with increased volume at the bottom. Open interest is not falling along with the price surge, indicating that the long positions have not been closed. Negative funding rates continue, increasing the shorts’ cost; once the price refuses a deep pullback, a short squeeze is highly likely to be triggered. The order wall placed around 0.00078 below is a near-term turning point between long and short; if it is held, the trend continues. The risk-reward ratio is close to 2.5, making it worth using a relatively small stop loss to bet on this pullback and confirmation.

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