【$DOGS Signal】Long + 1H level violent surge followed by pullback to enter long

$DOGS The 1H level just experienced a historic surge with massive volume, with a single candle rising over 30%, currently consolidating at high levels. The 4H level saw a massive bullish candle directly reversing the downward trend, forming a V-shaped reversal. Although RSI indicates overbought conditions, open interest remains stable, and the buy depth in the 0.000034-0.000035 range is unusually thick, indicating that major funds have not exited but are rotating positions at high levels. This is a typical strong consolidation after a hot coin short squeeze, and a pullback presents an opportunity.

🎯Direction: Long

⚡Entry/Order: 0.0000339 - 0.0000346

🛑Stop Loss: 0.0000332

🚀Target 1: 0.0000374

🚀Target 2: 0.0000388

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price strongly breaks through Target 2, consider holding some positions for greater gains, but must track closely.

(Depth Logic: This surge was accompanied by record-breaking volume, but open interest remained stable, indicating it’s not just long liquidation but new funds are joining in. Market data shows a mountain of buy orders near 0.000034, forming a strong support zone. The negative funding rate is as high as -0.3859%, making short positions very costly, with potential for continued short squeeze. Although the 1H RSI is high, in a hot coin market, strong momentum may persist. The strategy is to enter during the first pullback to the key support zone, aiming for a second wave of pulses. )

View real-time market 👇 $DOGS

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