【$SIGN Signal】Long - Confirmation of Pullback After 1H Strong Breakout

$SIGN The 1H timeframe has experienced a massive rally and is currently consolidating at a high level. The price remains firmly above the EMA20 (0.0255), which is a sign of strong correction. On the 4H timeframe, a massive bullish candle broke through the previous consolidation platform, indicating a trend reversal to bullish. The current negative funding rate is as high as -0.22%, while open interest remains stable, and the price is holding steady. This is a typical short squeeze structure, with short sellers paying high costs, fueling the subsequent upward move.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0300 - 0.0305 (Gradually around the current price)

🛑Stop Loss: 0.0280

🚀Target 1: 0.0335

🚀Target 2: 0.0360

🛡️Trade Management:
- Position Size Recommendation: Light position
- Execution Strategy: Enter in batches within the 0.0300-0.0305 range. After reaching Target 1, reduce position by 50% and immediately move the stop loss up to the entry price of 0.0305. Hold the remaining position to aim for Target 2. If the price falls below the trailing stop, exit all positions.

Deep Logic: The trading volume exploded over the past 4 hours, indicating strong participation by major funds. The 1H RSI (71.82) is high but not in extreme overbought territory, leaving room for further upside. Market depth data shows buy orders (Bid) significantly thicker than sell orders (Ask), with an imbalance of 8.52%, indicating strong support below. Combined with negative funding rates and stable open interest, this is a bullish short squeeze market. A pullback is an opportunity.

View real-time market 👇 $SIGN

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