#Gate蓝龙虾重磅上线 【$PIXEL Signal】Short squeeze pullback, targeting the secondary explosion point

$PIXEL 1H timeframe has experienced a significant rally and is currently in a high-level consolidation phase, with the price supported above the 4H EMA20, forming a strong pullback structure. The 1-hour chart shows the price attempting to build a platform around 0.0144, with substantial buy depth and strong support below. Although the RSI on the 1H chart is at a high of 71, indicating short-term overbought conditions, open interest remains stable, and the funding rate is significantly negative, fueling the potential short squeeze. The 4H trend has fully turned bullish, with EMA20 and EMA50 forming a golden cross, providing medium-term support for the rally. Currently, the price is far from the optimized entry zone; avoid chasing highs and patiently wait for a pullback or breakout confirmation.

🎯Direction: Long (wait for pullback to place orders)

⚡Entry/Order: 0.012028 - 0.012338

🛑Stop Loss: 0.009500

🚀Target 1: 0.023690

🚀Target 2: 0.029366

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Track the remaining position for take profit; if the price falls back to the entry level, exit automatically to protect capital.

(Depth Logic: This coin has increased over 132% within 24 hours, making it a typical hot coin. The key point is its negative funding rate combined with stable open interest, indicating that bears are still stubbornly resisting. Once the price stabilizes or surges again, a short squeeze is highly likely. The 1-hour RSI has fallen from overbought territory to a healthy zone, providing momentum for another upward move. Market depth shows dense buy orders below 0.0144, forming a support wall, while selling pressure above has eased after digestion. This is a classic “sharp rise - consolidation - breakout” pattern, and sniping the pullback is the best strategy. )

View real-time market 👇 $PIXEL

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