【$ATH Signal】Short squeeze rebound, 1H level pullback confirmation, sniper for secondary surge



$ATH The 1H level has experienced a massive rally and is currently in a high-level consolidation phase. The price has formed a new platform in the 0.0060-0.0064 range, with the 1H EMA20 (0.0058) crossing above the EMA50 (0.0055) to form a golden cross, creating a dynamic support. On the 4H level, a single massive bullish candle directly reversed the downtrend. The current price is above all short-term moving averages, but RSI(69.55) indicates short-term overheating, requiring consolidation or a pullback to release pressure. The key point is: the negative funding rate is as high as -1.59%, yet the price remains firm and open interest (OI) is stable. This is a typical short squeeze structure, with bears paying high costs. Any pullback could trigger short covering, pushing the price for a second rally.

🎯Direction: Long (Long)

⚡Entry/Order: 0.00595 - 0.00605

🛑Stop Loss: 0.00575

🚀Target 1: 0.00640

🚀Target 2: 0.00670

🛡️Trade Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.0060. If the price strongly breaks through 0.0064 and stabilizes, aim the remaining position towards 0.0067.

Deep logic: Market logic indicates an upward trend. Combined with stable OI rather than decreasing, it suggests this is not purely a short squeeze caused by bears stepping on each other. There may be new funds supporting the market or main players accumulating positions. The order book depth shows that sell orders (above 0.006035) are much larger than buy orders, but the price has not been pushed down, indicating strong support below. The 1H RSI(61.25) has fallen from a high level to a healthy zone, preparing for another upward move. The core strategic point is to exploit the short squeeze expectation under negative funding rates, and to lay long positions near the 1H support level.

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