【#Gate蓝龙虾重磅上线 Signal】Short squeeze continues, strong breakout on the 1H timeframe, pullback presents buying opportunities

The 1H timeframe experienced a brief consolidation before a volume breakout above the previous high, creating a new intraday high with extremely strong momentum. The 4H timeframe closed with consecutive large bullish candles, forming a clear upward trend. Although the current price has moved far away from the 1H moving average, stable negative funding rates and open interest indicate the possibility of a short squeeze, with clear signs of main force support.

🎯 Direction: Long (buy on pullback)

⚡ Entry/Order: 0.01067 - 0.01094

🛑 Stop Loss: 0.01020

🚀 Target 1: 0.01392

🚀 Target 2: 0.01541

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to pull back to the entry zone and instead strongly breaks above the current high, consider adding a small long position near the pullback around 0.0128, with a stop loss at 0.0123.

Deep Logic: Over the past 4 hours, volume and price have risen together, with continuous capital inflow. Although the 1-hour RSI is in the high zone, no bearish divergence appears, indicating upward momentum is still intact. The order book shows substantial buy orders accumulating in the 0.0128-0.0129 range, forming initial support. Persistent negative funding rates and high short positions increase the cost of shorting, fueling the price rise. Combining stable open interest with a strong breakout suggests this is not just a technical rebound but an early stage of a capital-driven short squeeze.

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