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【$PROMPT Signal】Pullback to go long, funds are building a short-squeeze structure
$PROMPT 1H level pumps and the buying order book has a gap, and the 4H Bollinger Bands have broken out above the upper band. RSI has surged to above 72, and momentum is overheated. However, open interest remains stable, the funding rate is moderate, and the main players have not left the market.
🎯 Direction: Pullback to go long
⚡ Entry: Stage buys in the 0.0319 - 0.0327 range
🛑 Stop-loss: Below 0.0315
🚀 Target 1: 0.0373
🚀 Target 2: 0.0396
🛡️ Trade management: - Execute the strategy: Take half off at Target 1, and move the remaining stop-loss up to the entry price. If the price cannot hold above 0.0335, consider exiting early.
The order book shows the sell wall at 0.03609 with nearly 60,000 orders. Selling pressure is concentrated above, but the bid support in the 0.0358 to 0.0359 range is extremely thick—clear evidence of funds trying to prop up the market. The 4-hour MACD histogram bars are still expanding, and the uptrend has not been broken. With this kind of structure, a sudden drop is actually an opportunity; the risk-reward ratio being more than 4 times is worth a try.
View real-time market 👇 $PROMPT
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