$SIGN Signal】1H Breakout and Pullback Confirmation, Main Force Supports the Market, Sniping Short Squeeze



$SIGN The 1H timeframe, after experiencing a volume-driven rally, is currently undergoing a healthy pullback and consolidation. The price is closely following the 1H EMA20 moving average, indicating a strong correction. The 4H timeframe has formed three consecutive bullish candles, breaking through the previous consolidation range, and the trend is turning bullish. Open interest remains stable, with the price soaring and open interest not decreasing, suggesting that it is not a short squeeze by bears but rather main force support and absorption. Currently, the 1-hour RSI has retreated from overbought levels to a healthy zone, preparing for another upward move. Market depth shows buy orders are significantly thicker than sell orders, with strong support below.

🎯Direction: Long

⚡Entry/Order: 0.03136 - 0.03206

🛑Stop Loss: 0.03050

🚀Target 1: 0.03480

🚀Target 2: 0.03650

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position’s stop loss up to the entry price. If the price strongly breaks through Target 2, move the remaining stop loss up to Target 1 to seek greater gains.

Depth Logic: Over the past 4 hours, the price has increased by more than 10%, but open interest remains stable. This is a typical “price rising, open interest stable” main force support signal, ruling out a short squeeze rebound. The 1-hour RSI has healthy retraced from overbought territory to below 70, providing a second entry opportunity. Market depth data shows buy orders are several times thicker than sell orders, indicating strong willingness to absorb below, with limited correction space. Coupled with a positive funding rate, market sentiment is bullish but not overheated, favoring trend continuation.

View real-time market 👇 $SIGN

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