【#Gate2月透明度报告 Signal】Long - 1H pullback confirmation, main force clearly intends to support the market

1H level pullback to EMA20 support, price receives buying interest around 5.95, 4H level has already stabilized above EMA50, forming multi-timeframe resonance support. Current open interest remains stable, negative funding rate suggests shorts need to pay fees, while the price remains firm, indicating potential short squeeze.

🎯 Direction: Long

⚡ Entry/Order: 5.895 - 5.954

🛑 Stop Loss: 5.895

🚀 Target 1: 6.100

🚀 Target 2: 6.182

🛡️ Trading Management:

- Execution Strategy: After the price reaches 6.100, reduce position by 50% and move stop loss to entry price. Hold remaining position for the second target; if the price pulls back and breaks below the moving stop loss, exit all positions.

Depth Logic: The 1-hour chart shows that after the price fell from a high of 6.13, it found support around 5.95 (where 1H EMA20 intersects with 4H EMA50). After volume contraction, a rebound is expected. Order book data indicates substantial buy orders below, with selling pressure only significantly increasing above 6.0. RSI is in a healthy zone with no signs of overheating. Combined with negative funding rates and stable open interest, this suggests higher costs for short positions. A slight upward move could trigger short covering, pushing the price higher rapidly.

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