【$COS Signal】Long + Retracement after 1H strong breakout

$COS The 1H timeframe has experienced a massive rally and is currently consolidating at high levels. A legendary 4H bullish candle has completely reversed the downward trend, and the price has stabilized above all short-term moving averages. Although the 1H RSI indicates overbought conditions, open interest remains stable and the funding rate is deeply negative (-0.6131%), suggesting a strong short squeeze expectation. This is not the top, but a boost in the air.

🎯Direction: Long (Long)

⚡Entry/Order: 0.001220 - 0.001215

🛑Stop Loss: 0.001185

🚀Target 1: 0.001320

🚀Target 2: 0.001380

🛡️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 0.001215. If the price strongly breaks above the previous high of 0.001293, consider setting the second target at 0.001450.

Deep Logic: The 4H volume surged dramatically, with buyers dominating, which is a clear signal of main force entering. After the rally, the 1H retraced, and the order book shows a large accumulation of buy orders in the depth (0.001227-0.001219), forming a strong support zone. The depth imbalance of -14.57% indicates that selling pressure has been largely absorbed. The negative funding rate combined with rising prices is a classic short squeeze structure, and short covering will further push prices higher. The current retracement is an excellent opportunity for a second entry.

View real-time market 👇 $COS

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #美国以色列突袭伊朗BTC短线跳水