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#Gate蓝龙虾重磅上线 #伊朗在霍尔木兹海峡布设水雷 #原油价格回落 【$ACX Signal】Pullback to Long + Short Squeeze Expectation
$ACX 1H timeframe has experienced a significant rally from a historical low, currently in a high-level consolidation phase. The 4H timeframe has established a strong foundation with a single bullish candle, and the current price is supported above the 1H EMA20, indicating a strong pullback. The order book shows selling pressure concentrated just above the current price, while buy orders are deep and substantial. The negative funding rate is as high as -0.7%, combined with stable open interest, indicating a strong expectation of a short squeeze.
🎯Direction: Long
⚡Entry/Order: 0.04928 - 0.05055 (Patiently wait for a pullback to the optimal entry zone, strictly avoid chasing)
🛑Stop Loss: 0.04250
🚀Target 1: 0.08273
🚀Target 2: 0.09882
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. The remaining position aims for Target 2. If the price pulls back and breaks below the 1H EMA20 and closes below it, consider exiting early.
Depth Logic: The explosive increase in trading volume on the 4-hour chart is a clear signal of main capital inflow. Although the 1-hour RSI is in the overbought zone, in a negative funding rate environment, this is a typical feature of a short squeeze market—shorts are forced to cover, fueling the rally. The open interest remains stable after a significant price surge, indicating that it’s not just profit-taking by longs but new funds entering the market. The strong support at around 0.0425 (near the 4H EMA50) is a key support level and a dividing line between bulls and bears.
View real-time market 👇 $ACX
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