【$MIRA Signal】Pullback to add longs + 1H level accumulation, short squeeze structure still in progress

$MIRA The 1H level, after experiencing a massive rally, is consolidating strongly in the 0.103-0.108 range, with the price tightly hugging above the EMA20_1H (0.1048). This is a typical strong consolidation pattern. Looking at the 4H level, a massive bullish candle (+33%) yesterday has completely reversed the downward trend. The current price is above all EMA lines, and the trend has shifted to bullish. The key points are: negative funding rate (-0.0463%) + OI stable at a high level of 40 million, which is a classic short squeeze structure. Shorts are still paying high costs, and the price holding firm is a signal.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1055 - 0.1065 (can enter gradually near the current price)

🛑Stop Loss: 0.1013 (below yesterday’s 4H pullback low of 0.1014)

🚀Target 1: 0.1140 (previous high resistance zone, also the 1H Fibonacci 0.618 level)

🚀Target 2: 0.1200 (break through previous high, aiming for the 4H previous high of 0.1246)

🛡Trade Management:

- Position suggestion: Light position (Reason: Intraday volatility has exceeded 20%, risk control is necessary )

- Execution strategy: When the price reaches 0.1140, reduce position by 50%, and move the stop loss of the remaining position up to the entry price of 0.1065 (break-even). If the price strongly breaks through 0.1150 and stabilizes, move the remaining position’s stop loss up to 0.1100 to aim for the second target.

Deep logic: Market depth shows a large accumulation of buy orders below 0.1060 (total over 3 million USD), forming a strong support wall. The 1H RSI (56.15) is in a healthy bullish zone, with momentum for another upward move. Market logic indicates “price rising, consider position size,” and with OI remaining stable, this is not just a short squeeze but also driven by bullish main forces. The current strategy is to position above support, preparing for a second rally after the 1H consolidation ends.

View real-time quotes 👇 $MIRA

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