【$CTSI Signal】Short squeeze pullback, second attempt to break higher

$CTSI After a violent surge on the 1H timeframe, the price has broken above the upper Bollinger Band, RSI reaching 76. The 4-hour MACD histogram continues to expand, open interest remains stable, but the funding rate at -0.73% reveals the vulnerability of short positions. The order book shows heavy buy orders in the 0.048 to 0.049 range, indicating clear support intent.

🎯Direction: Long

⚡Entry/Order: 0.0387 - 0.0397

🛑Stop Loss: 0.0340

🚀Target 1: 0.0625

🚀Target 2: 0.0739

🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position for the second target. If the price pulls back and breaks below the moving stop loss, exit all positions.

In a negative funding rate environment, open interest has not decreased, which is a typical sign of short squeeze fuel accumulation. The 1-hour candle volume breakout from the previous consolidation range, with buy depth below 0.047 forming a solid barrier. Under this structure, any pullback to the EMA20 is a good opportunity for bulls to re-enter, with a risk-reward ratio over 4:1, making it worthwhile to bet on trend continuation with limited risk.

View real-time market 👇 $CTSI
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