【$SAHARA Signal】Long | 1H pullback confirmation, main force clearly intends to support the market

$SAHARA The 1H timeframe experienced a sharp rally yesterday and is currently in a healthy pullback and consolidation phase, with support around 0.024. The 4H timeframe has stabilized above the EMA20, indicating an upward trend, while the 1H RSI has fallen from high levels to 58, preparing for another upward move. The key points are: a high negative funding rate of -0.1565% and stable open interest (OI), indicating that bears are still paying high fees. If the price refuses to drop sharply, a short squeeze is highly likely. The order book depth (0.0238-0.0240) is significantly thicker than the sell side, showing that the main force is actively supporting the market below.

🎯Direction: Long (Long)

⚡Entry/Order: 0.02386 - 0.02398

🛑Stop Loss: 0.02330

🚀Target 1: 0.02500

🚀Target 2: 0.02650

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.02398. If the price strongly breaks above the previous high of 0.0256, move the remaining stop loss up to 0.0248 to seek greater gains.

(Depth Logic: Market logic suggests a price increase, combined with stable OI and an order book imbalance of -1.14% (buy orders stronger). This is not just a simple short squeeze but appears to be the main force actively absorbing after a price rally. The 1H EMA20 (0.0233) overlaps with the suggested entry zone, forming a strong support. The persistent negative funding environment continues to pressure shorts, providing an excellent trading environment for longs. )

Check real-time market 👇 $SAHARA

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