1H timeframe just experienced an extreme shakeout, with a long lower shadow dropping to 0.001123 and quickly recovering, forming a potential bull trap. The current price is consolidating below the 1H EMA20 (0.0012). The 4H timeframe remains in a downtrend, but the aggressive sell-off on the 1H has released bearish pressure, creating conditions for a short-term rebound.

🎯Direction: Long $PTB Long(
⚡Entry/Order: 0.001145 - 0.001155
🛑Stop Loss: 0.001115
🚀Target 1: 0.001200
🚀Target 2: 0.001250
🛡️Trade Management:
- Position size: Light
- Execution strategy: Enter in batches near 0.001155 as the price reaches this level. After hitting Target 1, reduce position by 50% and move the stop loss up to the entry price. Hold the remaining position for Target 2. If the price retraces and breaks below the dense entry zone (0.00114-0.00115), exit all positions.
Depth logic: The latest 1H candle (06:00) plummeted from 0.001239 to 0.001123 but closed at 0.001136, leaving a very long lower shadow, which is a typical sign of a shakeout and accumulation. Although the order book shows slight imbalance (-0.73%), the price has not effectively broken previous lows, and open interest remains stable, indicating no large-scale bull liquidation during the decline. The 1H RSI (44.72) has rebounded from oversold territory, and combined with the quick recovery in price, the probability of a short-term bullish reversal increases. We are targeting this rebound.
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