【$VVV Signal】Short squeeze relay, strong breakout on the 1H timeframe followed by a pullback to add longs

$VVV The 1H timeframe is strongly trading above the EMA20, just completing a breakout test of the previous high at 8.083, currently consolidating at high levels. The 4H timeframe shows a massive volume surge with a long bullish candle, indicating a strong trend. Negative funding rate (-0.0233%) combined with firm prices suggests a typical short squeeze structure is brewing, with clear main force support.

🎯Direction: Long (Long)

⚡Entry/Order: 7.80 - 7.95 (This range is the first pullback support after the 1H breakout, also near EMA20_1H)

🛑Stop Loss: 7.40

🚀Target 1: 8.60

🚀Target 2: 9.20

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price (break-even). The remaining position uses the 1H EMA20 as a trailing take-profit line to capture larger trend profits. If the price cannot hold above 8.00 and falls below 7.95, abandon this setup.

Deep Logic: The 4H volume has surged dramatically, with active buying interest, a clear signal of main capital entering the market. Although the 1H RSI has entered overbought territory (82.62), in a strong short squeeze environment, RSI stagnation is normal. Open interest (OI) remains stable; the price has surged without a decrease in OI, indicating that the move is driven by new long positions rather than short covering. There is a stack of 423.85K sell orders at 8.176; once absorbed, upward space will open.

View real-time market 👇 $VVV

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