【#Gate蓝龙虾重磅上线 Signal】Pullback to Long + Short Squeeze Continues

The 1H timeframe has experienced a massive rally and is now consolidating at high levels, digesting profit-taking. The 4H timeframe has formed a clear upward trend, and open interest remains stable, indicating that funds have not significantly withdrawn. Currently, the negative funding rate is as high as -0.665%, and combined with firm prices, the typical short squeeze structure is still ongoing, with shorts being forced to cover. Although the 1-hour RSI is in the overbought zone, there is no bearish divergence, and momentum remains strong. The order book shows a large accumulation of buy orders around 0.01541, forming immediate support.

🎯 Direction: Long

⚡ Entry/Order: 0.010476 - 0.010746 (Waiting for a strong pullback to this optimal zone is an excellent second-entry opportunity)

🛑 Stop Loss: 0.008300

🚀 Target 1: 0.020530

🚀 Target 2: 0.025422

🛡️ Trading Management:

- Execution Strategy: If the price rises directly to the target 1, reduce position by 50% and move the stop loss to the entry price. The remaining position aims for target 2. If the price pulls back to the entry zone before rising, then reduce 30% at target 1, 40% at target 2, and consider moving the stop to break even for the remaining 30%.

$PIXEL Depth Logic: This is a typical short squeeze scenario. The price surged nearly 190% within 24 hours, but open interest did not decline, indicating this is not purely spot buying but a continued squeeze of futures shorts. The massive negative funding rate means shorts are paying high costs every moment. Slight price retracements will trigger short covering buy orders, creating strong support. The 1-hour EMA20 has quickly moved up to 0.0108, becoming a new dynamic support. Currently, the price is far from the moving average, so chasing high is not advisable. Patience is key; wait for a deep pullback to around 0.0105, which offers an excellent risk-reward entry point. $PIXEL

View real-time market 👇 (
---

Follow me: Get more real-time analysis and insights on the crypto market! )$PIXEL
$BTC