【$NAORI Signal】Short squeeze continues, buy on 1H pullback

$NAORI The 1H timeframe is consolidating at a high level after a significant rally, while the 4H timeframe has broken through all moving averages, showing a strong bullish alignment. The current price is consolidating strongly above the 1H EMA20 (0.0293). RSI on the 1H chart (81.18) is high but not turning down, indicating strong buying pressure. Key data: funding rate -0.8723% and stable open interest, which is a typical short squeeze structure. Shorts are paying high fees, making it easy for the price to rise and difficult to fall. The order book shows buy depth concentrated at 0.0361-0.0362, forming immediate support.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0360 - 0.0363 (Reason: Above the 1H EMA20 support zone & dense buy orders in the order book )

🛑Stop loss: 0.0344 (Reason: Break below previous 1H candle low & ATR(0.0028) below )

🚀Target 1: 0.0400 (Reason: Previous high resistance level )

🚀Target 2: 0.0450 (Reason: 4H wave extension at 1.618 Fibonacci expansion level )

🛡️Trade management:

- Position suggestion: Light position (Reason: Daily increase already over 70%, volatility is very high, risk first )

- Execution strategy: Use scaled profit-taking. Close 50% at Target 1, move stop loss on remaining position to entry price. If price strongly breaks through 0.0405, move remaining stop loss to 0.0385 to aim for Target 2.

Depth logic: This is a typical fund-driven short squeeze market. Negative funding rates are very high, but the price remains firm and open interest is stable, indicating passive short positions. Any pullback could be quickly driven up by major players to squeeze out shorts. The high RSI on the 1H chart indicates strength, not reversal. The risk is excessive daily gains, so profit-taking should be cautious. Enter with a small position and strictly implement trailing stop-loss to lock in profits.

Trade here 👇 $NAORI

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