【$FORM Signal】Long + 1H Breakout Short Squeeze

$FORM The 1H timeframe is in a high-level consolidation after a strong breakout, with prices close to the intraday high, and buy volume remains solid. The 4H chart shows continuous bullish candles with increased volume, indicating a strong trend. Although the 1-hour RSI has entered the overbought zone, open interest remains stable, and the funding rate is only 0.005%, suggesting this is not a bubble driven by high leverage longs but a short squeeze supported by genuine buying interest. Market logic indicates that price rises with stable open interest, with clear main force support, and bears face the risk of being squeezed.

🎯 Direction: Long

⚡ Entry/Order: 0.3780 - 0.3800 (near current price, light position testing)

🛑 Stop Loss: 0.3680

🚀 Target 1: 0.3950

🚀 Target 2: 0.4100

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price of 0.3800. If the price strongly breaks through 0.3950 and stabilizes, move the remaining position's stop loss to hold and aim for the second target.

Depth Logic: Over the past 4 hours, the price surged from 0.3529 to 0.3830 with significantly increased volume, indicating main force entry. The 1H EMA lines are in a bullish alignment, providing dynamic support. The order book shows heavy sell orders stacked above 0.3820, creating short-term resistance. Once absorbed by buy orders, further upward movement is possible. Current momentum is healthy; a pullback is an opportunity.

View real-time market 👇 $FORM

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