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$POLYX Signal】Short squeeze in progress, buy the dip
$POLYX After a violent surge on the 1H timeframe, the price has broken out of the upper Bollinger Band, RSI has soared to 88, indicating short-term overbought conditions. However, the 4-hour MACD histogram is still expanding strongly, open interest remains stable, and the funding rate is as high as -1.88%, forming a typical short squeeze structure.
🎯Direction: Long
⚡Entry/Order: 0.04695 - 0.04816
🛑Stop Loss: 0.04660
🚀Target 1: 0.05439
🚀Target 2: 0.05751
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching