【$POWER Signal】Long - 1H Strong Breakout, Funding Longs in Progress
$POWER The 1H timeframe is consolidating strongly above the EMA20, just hitting a new high with very strong momentum. The 4H timeframe has broken through all previous resistance with huge volume, and the daily trend has fully shifted to a bullish alignment. This is a typical signal indicating the start of a short squeeze.
🎯Direction: Long (Long)
⚡Entry/Order: 2.000 - 2.020
🛑Stop Loss: 1.920
🚀Target 1: 2.200
🚀Target 2: 2.400
🛡️Trade Management:
- Execution Strategy: When the price reaches 2.200, reduce position by 50% to lock in profits, and move the remaining position’s stop loss up to the entry price of 2.000. If the price strongly breaks through 2.200 and stabilizes, move the remaining stop loss up to 2.150 to aim for higher targets.
Deep Logic: The current negative funding rate of -0.0221% indicates that shorts are still paying fees, while after a massive rally, the price is consolidating at high levels with stable open interest, which is a typical short squeeze structure. Although the 1H RSI is high, it has not become dull, and the bid-ask depth ratio (bid_ask_ratio_depth: 0.97) shows balanced but slightly bullish forces. The market logic suggests “main players entering or shorts being squeezed,” combined with a 38% price surge, indicating it’s more likely driven by major players executing a short squeeze. The support level at 1.92 (former high turned support) is a strong defensive position.
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【$POWER Signal】Long - 1H Strong Breakout, Funding Longs in Progress
$POWER The 1H timeframe is consolidating strongly above the EMA20, just hitting a new high with very strong momentum. The 4H timeframe has broken through all previous resistance with huge volume, and the daily trend has fully shifted to a bullish alignment. This is a typical signal indicating the start of a short squeeze.
🎯Direction: Long (Long)
⚡Entry/Order: 2.000 - 2.020
🛑Stop Loss: 1.920
🚀Target 1: 2.200
🚀Target 2: 2.400
🛡️Trade Management:
- Execution Strategy: When the price reaches 2.200, reduce position by 50% to lock in profits, and move the remaining position’s stop loss up to the entry price of 2.000. If the price strongly breaks through 2.200 and stabilizes, move the remaining stop loss up to 2.150 to aim for higher targets.
Deep Logic: The current negative funding rate of -0.0221% indicates that shorts are still paying fees, while after a massive rally, the price is consolidating at high levels with stable open interest, which is a typical short squeeze structure. Although the 1H RSI is high, it has not become dull, and the bid-ask depth ratio (bid_ask_ratio_depth: 0.97) shows balanced but slightly bullish forces. The market logic suggests “main players entering or shorts being squeezed,” combined with a 38% price surge, indicating it’s more likely driven by major players executing a short squeeze. The support level at 1.92 (former high turned support) is a strong defensive position.
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