【$GRASS Signal】Long - 1H strong breakout, main funds support the market, short squeeze underway

$GRASS The 1H timeframe has just completed a volume breakout, with the price stabilizing above EMA20(0.2136), showing strong momentum. The 4H timeframe has already broken through the recent consolidation upper band, forming a bullish engulfing pattern, indicating a trend reversal to bullish. Currently, the order book depth is solid, OI remains stable, and the main force's intention to support the market is clear, signaling an imminent short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2320 - 0.2335 (Reason: Retracement to 1H EMA20 support zone and small timeframe consolidation after breakout)

🛑Stop Loss: 0.2250 (Reason: Break below previous 1H candle low and ATR(0.0142) lower band)

🚀Target 1: 0.2450 (Reason: Previous high resistance and 1.382 Fibonacci extension level)

🚀Target 2: 0.2550 (Reason: Previous high resistance zone on the daily chart)

🛡️Trade Management:

- Position size suggestion: Standard lot (Reason: 1H/4H resonance breakout, clear signals)

- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to entry price(break-even point). Trail remaining position for profit-taking; if price falls below 1H EMA20(dynamically), exit all.

Depth logic: Over the past 4 hours, price surged over 15%, but open interest(OI) remained stable, indicating not a short squeeze but active buying by new long positions. The 1H RSI(68.72) is in the strong zone but not overbought, leaving room for further upside. The order book shows large buy orders accumulated in the 0.2320-0.2330 range(over 400,000 USDT), forming strong support. Combined with positive funding rates, shorts face short squeeze pressure.

View real-time market 👇 $GRASS

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