$FIL Signal】Short squeeze and long entry + 1H strong pullback confirmation



$FIL The 1H timeframe is consolidating strongly above the EMA20, while the 4H timeframe has a massive bullish candle breaking through the long-term downtrend. This is a classic signal of the main force initiating a short squeeze. Currently, the price is oscillating around 1.086, which is a healthy pullback after a breakout. The order book shows an unusually thick buy wall in the range of 1.071-1.076, indicating strong support below. Open interest remains stable, and the price is holding firm, which is a sign of bullish control.

🎯Direction: Long (Long)

🎯Entry/Order: 1.083 - 1.086 (Reason: Dynamic support zone at 1H EMA20 + dense buy orders in the order book )

🛑Stop loss: 1.065 (Reason: Break below the start of the 4H bullish candle at 1.059, invalidating the bullish structure )

🚀Target 1: 1.120 (Reason: Previous high resistance zone + 1.272 Fibonacci extension )

🚀Target 2: 1.150 (Reason: 1.618 Fibonacci extension, potential acceleration zone for the short squeeze )

🛡️Trade management:

- Position size suggestion: Standard position (Reason: 4H and 1H resonance breakout, high signal quality )

- Execution strategy: After the price reaches 1.120, reduce position by 50% and move stop loss to entry price 1.086. Hold the remaining position for the second target. If the 1H closing price drops below 1.078 (EMA50 support), exit all.

Depth logic: A massive bullish candle on the 4H chart (gain over 15%) directly reverses the downtrend, clearly indicating main capital entering. Although the 1H RSI is high (79), it can be tolerated in a strong trend. The key is that open interest remains stable during consolidation, showing that bulls are not taking profits but accumulating strength. The order book shows over 540,000 buy orders stacked at 1.071, forming a strong support barrier, creating immense pressure for short covering (short squeeze).

View real-time market 👇 $FIL

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #比特币反弹
FIL-6.52%
BTC-2.21%
ETH-3.67%
SOL-4.7%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский язык
  • Français
  • Deutsch
  • Português (Portugal)
  • ภาษาไทย
  • Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)