$SAHARA 1H level experienced a healthy correction after a massive surge yesterday. Currently, the price is stabilizing around 0.022, with the 1H candlestick oscillating above the EMA20 (0.0214) to gather strength. The RSI 1H (60.93) indicates neutral to slightly strong momentum, providing room for another upward push. On the 4H timeframe, the price remains above the EMA20 (0.0184), maintaining a strong overall trend. The current pullback presents an excellent short-term sniping opportunity.


🎯Direction: Long (Long)
⚡Entry/Order: 0.0218 - 0.0221
🛑Stop Loss: 0.0212
🚀Target 1: 0.0240
🚀Target 2: 0.0255
🛡️Trade Management:
- Position size suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss up to the entry price of 0.0220. Hold the remaining position for Target 2. If the price pulls back and breaks below the trailing stop, exit decisively.
Order book logic: Yesterday’s 4H massive bullish candle (volume of 79 billion) confirmed main force entry, not retail behavior. Current open interest (OI) remains high and stable, with a funding rate as high as -0.2323%, indicating significant short squeeze potential. The order book shows heavy buy orders accumulated in the 0.0218-0.0217 range (over 5 million USD), forming a strong support. The 1H RSI has not entered the overbought zone, leaving room for a second rally. Combining market logic signals “rising price + stable open interest,” this appears to be main force supporting the price and accumulating positions, rather than a simple short squeeze rebound.
View real-time market 👇#Gate广场发帖领五万美金红包 $SAHARA
SAHARA-17.9%
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