【$PIEVERSE Signal】Short squeeze rebound, pull back to add longs

$PIEVERSE 1H timeframe consolidates with decreasing volume in the 0.957-1.026 range, the middle band of the 4H Bollinger Bands at 0.6890 provides strong support. Funding rate is -0.3059%, indicating high costs for short positions, with a basis for a short squeeze. 1H MACD shows a bearish crossover but the histogram narrows, indicating weakening selling pressure.

🎯Direction: Pull back to go long

⚡Entry/Order: Within the 0.7680 - 1.0531 range, preferably add in batches around 0.95

🛑Stop loss: 0.6138

🚀Target 1: 1.0765

🚀Target 2: 1.2307

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.

Order book depth shows a 4.38% imbalance in buy orders, with solid support below. 1H RSI is neutral, with price oscillating between EMA20 and EMA50, a typical phase of chip turnover after a sharp rise. In a negative funding rate environment, if the price can stabilize above EMA20 at 1.0552 on the 1H chart, short covering will provide additional momentum. The risk-reward ratio favors the lower end of the current range.

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