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【$SUPER Signal】Short squeeze continues; buy on the pullback
$SUPER 4H timeframe price has already broken above the upper Bollinger Band; RSI has surged to 80.84. The risk of a buy-side order gap is building. The 1H MACD’s red bars are shrinking and momentum is slowing, but open interest remains stable. The negative funding rate is as high as -0.5028%, meaning shorts are still paying steep costs. The order book shows extremely thick orders below 0.122, fully exposing the capital’s bottom-supporting intent.
🎯Direction: Long
⚡Entry/Orders: Buy in batches on a pullback in the 0.1112 - 0.1140 zone
🛑Stop-loss: 0.1063
🚀Target 1: 0.1449
🚀Target 2: 0.1604
🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce positions by 50% and move the stop-loss up to breakeven. If the price falls back to the entry level, you will be automatically exited to protect principal.
This negative funding rate environment, together with a firm price, forms a classic short-squeeze structure. Open interest is not dropping along with the price spike, indicating that bullish positions’ confidence has not dispersed. On the 1H chart, the 20 EMA at 0.1146 provides dynamic support, which strongly overlaps with the recommended entry zone. The current risk-reward ratio is over 4, and the payout odds are suitable; however, you must stay alert to a fast pullback after RSI overheats. Entry must strictly wait for a pullback structure—never chase price higher.
Check the real-time market 👇 $SUPER
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#Gate广场四月发帖挑战 #假期持币指南 #加密市场行情震荡