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【#Gate蓝龙虾重磅上线 Signal】Pullback to Long + Short Squeeze Rebound
1H timeframe has experienced a significant rally and is now undergoing a healthy correction, with the price entering a key support zone. The 4H trend remains strong, with a daily increase of nearly 80%, typical of a hot coin short squeeze market. Currently, the negative funding rate is as high as -0.118%, but open interest remains stable, and the price is refusing to drop sharply, indicating that shorts are paying a high cost. Once the correction ends, a secondary short squeeze rebound is highly likely.
🎯 Direction: Long
⚡ Entry/Order: 0.012319 - 0.012637
🛑 Stop Loss: 0.009800
🚀 Target 1: 0.023983
🚀 Target 2: 0.029656
🛡️ Trading Management:
- Execution Strategy: Use phased take profits. After reaching Target 1, reduce position by 50% and move the stop loss of the remaining position to the entry price. If the price strongly breaks through Target 1, move the remaining position's stop loss to hold and aim for Target 2.
$PIXEL Depth Logic: The 1-hour RSI has fallen from overbought territory to a healthy zone, preparing for another rise. Market data shows that although current sell orders are slightly larger, the buy order depth below around 0.0136 is unusually thick, forming a strong support. Combined with the fact that open interest has not decreased after a large rally and the funding rate is negative, this is a typical “short squeeze structure.” The main force is clearly protecting the market, and the correction presents an opportunity.$PIXEL
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