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#Gate蓝龙虾重磅上线 【$ACX Signal】Pullback to Long + Short Squeeze Rebound
$ACX 1H timeframe has experienced a significant rally from a historical low, currently in a high-level consolidation phase to digest gains. The 4H timeframe confirmed a trend reversal with a massive bullish candle, but the 1H RSI has entered the extreme overbought zone, making chasing the high very risky. The current market shows that although prices have slightly pulled back from the highs, open interest remains stable, and the funding rate is deeply negative, indicating that bears are still stubbornly adding positions, setting the stage for a potential short squeeze rebound. Prices need a healthy pullback to relieve overbought pressure and attract new longs.
🎯Direction: Long (Pullback Pending Orders)
⚡Entry/Orders: 0.0393 - 0.0403, staggered entries within this range
🛑Stop Loss: 0.0366
🚀Target 1: 0.0551
🚀Target 2: 0.0625
🛡️Trade Management:
- Execution Strategy: Use staggered entries, building positions in 2-3 batches within the suggested range. After reaching the first target, reduce positions by 50% and immediately move the stop loss of the remaining position to the entry price to lock in profits. If the price fails to break upward and instead falls back to the cost area, exit unconditionally.
(Depth Logic: This is a typical short squeeze setup. The price surged over 76% in a single day, but open interest did not decrease, and the funding rate remains deeply negative, indicating many short positions are trapped but have not surrendered. Market logic suggests that position data should be considered; the current stable open interest indicates it’s not just a pump-and-dump. The 1-hour chart needs a pullback to the key EMA support zone (0.039-0.040) to confirm an effective breakout and clear out floating positions. This area also corresponds to the upper boundary of a previous dense trading zone, providing strong support. Once a pullback is confirmed, short positions trapped will be closed, pushing prices to initiate a second wave of rally.)
Check real-time market 👇 $ACX
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