【$PHA Signal】Short squeeze pullback, secondary surge!

$PHA On the 1H timeframe, after experiencing a massive rally, a healthy pullback is underway. The price is supported above the 4H EMA20, forming a strong consolidation platform. Currently, the negative funding rate is as high as -0.1658%, but open interest remains stable and the price is firm. This is a typical short squeeze structure, with clear main force support. The 1H RSI has fallen from overbought territory to a healthy zone, preparing for a second upward move.

🎯Direction: Long

⚡Entry/Order: 0.04175 - 0.04269

🛑Stop Loss: 0.03990

🚀Target 1: 0.04800

🚀Target 2: 0.05250

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price. The remaining position will use a trailing stop to aim for higher targets. If the price pulls back and breaks below the trailing stop, exit all positions.

Deep Logic: On the 4-hour chart, volume breakout from the previous consolidation zone indicates strong buying depth far exceeding selling pressure, showing that main funds are still active. Although the 1H RSI has reached overbought levels, sideways consolidation has effectively absorbed profit-taking, and the price has not broken below key support. Despite the negative funding environment, open interest has not decreased, indicating that bears are still holding passive positions. Once the price resumes, a short squeeze is highly likely.

View real-time market 👇 $PHA

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