【$RED Signal】Pullback to go long, short squeeze structure begins to emerge

$RED 1H level high volatility, 4H Bollinger Bands break above the upper band, RSI surges to 93.79, extremely overbought. But funding rate is -1.0683%, indicating strong willingness to pay for shorts, and open interest remains stable. This is a typical short squeeze fuel. Sell orders are stacked in the 0.184-0.185 region above, indicating selling pressure exists, but buy orders in the 0.180-0.182 range below are much thicker, fully exposing the market’s support intent.

🎯Direction: Long

⚡Entry/Order: 0.1484 - 0.1522

🛑Stop Loss: 0.1300

🚀Target 1: 0.2412

🚀Target 2: 0.2856

🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, and move stop loss to breakeven. If price falls back into the entry zone, automatically exit to protect capital.

MACD on 4H remains bullish with increasing gap, momentum not waning. Price on 1H repeatedly tests above EMA20, each dip quickly pulled back, and selling pressure is rapidly absorbed. In this negative funding rate environment, open interest remains stable or increases, and once buying power intensifies, short covering will provide additional momentum. Risk-reward ratio of 4:1, suitable for small positions to prepare for a secondary rally after a pullback.

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