【$H Signal】Long! 1H strong breakout, main funds support the market, short squeeze trend begins

$H The 1H timeframe is consolidating strongly above EMA20, just broke above the previous high of 0.1957 with increased volume, momentum is strong. The 4H timeframe has formed three consecutive bullish candles, breaking through the long-term downtrend line, indicating a clear trend reversal signal. Open interest remains stable, prices surge without reducing positions, combined with positive funding rates, this is a typical short squeeze initiation signal, with clear main force support.

🎯 Direction: Long (Long)

🎯 Entry/Order: Current price 0.1928 - 0.1935, enter within this range ( Reason: Confirmed breakout on 1H after pullback, EMA20_1H dynamic support )

🛑 Stop loss: 0.1850 ( Reason: Break below the 1H support low and key EMA50_1H level )

🚀 Target 1: 0.2050 ( Reason: Resistance at the previous high on the daily chart )

🚀 Target 2: 0.2200 ( Reason: 1.618 Fibonacci extension based on recent rally )

🛡️ Trading management:

- Position size suggestion: Standard position ( Reason: Multi-timeframe resonance, clear trend, but risk per trade should be controlled )

- Execution strategy: After price reaches 0.2050, reduce position by 50%, move stop loss on remaining position to entry price 0.1930. If price strongly breaks above 0.2050 and stabilizes, move remaining stop loss to 0.2000 to aim for the second target.

Deep logic: RSI on 1H reaches 80, indicating short-term overbought, but this is characteristic of a strong short squeeze market, so avoid guessing the top lightly. 4H RSI is 76, still room to go higher. Market depth shows sell orders accumulated around 0.193-0.194, but buy orders below 0.1928 are dense, with depth imbalance at -29.5%, indicating strong buy support despite large sell pressure. The key is whether the price can hold above 0.1957; if it does, the upside space opens.

Trade here 👇 $H

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包