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【$XPIN Signal】Short squeeze structure established, dip to enter
$XPIN 1H level volume breakout above the Bollinger upper band, price has already surpassed 0.00149. The 4H MACD lines are diverging upward, open interest remains stable at a high of 4.86 billion, funding rate is 0.0115% positive but not overheated, indicating the short squeeze logic is fermenting.
🎯Direction: Long
⚡Entry/Order: 0.001358 - 0.001393
🛑Stop Loss: 0.001300
🚀Target 1: 0.001765
🚀Target 2: 0.001951
🛡️Trade Management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.
Order book depth shows massive buy orders below 0.00148, clearly supporting the floor. Although the 1-hour RSI is at a high of 71.84, the 4H buy orders continue to push higher, with no gap in price. This combination of rising open interest and funding rate, along with firm price action, is often an early sign of a short squeeze. Risk-reward ratio of 4:1, worth taking limited risk to bet on upside potential.
View real-time market 👇 $XPIN
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