【#Gate蓝龙虾重磅上线 Signal】Pullback to buy on dips + Short squeeze continuation

The 1H timeframe is currently consolidating at a high level after a historic surge, digesting profit-taking. The 4H timeframe shows a strong consolidation after a massive breakout, with the trend unchanged. The key point is: the funding rate is as high as -0.78%, which is a strong short squeeze signal, indicating that bears are paying huge fees, and open interest remains stable, suggesting that the main players have not exited. Although the RSI on the 1-hour chart is in the high zone, there is no bearish divergence, which is normal in a strong market. The order book shows deep buy-side support remains solid, with strong support below.

🎯 Direction: Long (buy on dips)

⚡ Entry/Order: 0.01009 - 0.01035 (This range aligns with the 1-hour EMA50 and previous breakout support, an ideal zone for buying on dips)

🛑 Stop-loss: 0.00810

🚀 Target 1: 0.01934

🚀 Target 2: 0.02384

🛡️ Trading Management:

- Execution Strategy: Use phased profit-taking. When the price reaches Target 1, reduce positions by 50%, and move the stop-loss of the remaining position to the entry price to lock in profits. The remaining position aims for Target 2. If the price fails to hold the entry zone and breaks downwards, strictly execute the stop-loss.

Depth Logic: This is a typical short squeeze scenario. While the price surged by 203%, open interest remained stable, and the funding rate was deeply negative, indicating that many short positions are trapped and being forced to pay fees, fueling the rally. Although there are signs of overheating in the 1-hour momentum, the 4-hour breakout structure remains intact, with a massive bullish candle laying the trend foundation. The current pullback is the last chance for latecomers to buy, with clear main force support. Once the pullback completes, it could easily trigger a new round of short covering.

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