【$AZTEC Signal】Short squeeze continues, 1H pullback confirmation followed by a second surge

$AZTEC On the 1H timeframe, after experiencing a massive rally, the price is consolidating strongly at high levels. The 4H timeframe has formed a clear upward trend. Currently, the price is oscillating near the top of the massive candlestick, which is a typical strong consolidation pattern. Key data: funding rate -0.34%, open interest stable, but the price remains firm. This is a classic short squeeze characteristic, with shorts still struggling under a negative funding rate. The 1H RSI (71.52) is high but not exhausted, leaving room for further upward movement. The order book shows a large accumulation of sell orders at the first sell level (0.03613). A breakout could trigger a short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: 0.03613 - 0.03625 (Reason: Breakout of the current hourly consolidation zone and dense resistance at the first sell level )

🛑Stop Loss: 0.03535 (Reason: Break below the 1H EMA20 support and the previous 1H candlestick low )

🚀Target 1: 0.03850 (Reason: Previous high resistance on the 4H timeframe and 1.272 Fibonacci extension level )

🚀Target 2: 0.04000 (Reason: Psychological round number and 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Intraday gain has exceeded 34%, volatility is extremely high, risk and opportunity coexist )

- Execution strategy: Use breakout chasing. Enter 50% of the position when the price reaches 0.03613. If volume continues to increase and the price rises to 0.03625, add the remaining position. After reaching Target 1, close 50% and move the stop loss to the entry price (break-even). Hold the remaining position to aim for Target 2.

Deep logic: This is a typical capital game. Negative funding rate + firm price + stable open interest indicate that shorts are being gradually squeezed. The buy-side depth below 0.03600 on the 1H chart is very thick (over 2 million USDT accumulated), providing strong support. Market logic suggests “main players entering or shorts being squeezed,” combined with stable open interest, indicating that the main players are absorbing selling pressure and preparing for a second surge. The 4H EMA20 has crossed above EMA50, signaling a medium-term bullish trend, providing a safety margin for short-term trading.

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