【#Gate蓝龙虾重磅上线 Signal】Long! 1H pullback confirmation, main force clearly intends to support the market

After a violent surge, the 1H level is undergoing a healthy pullback and consolidation, with the price supported above the EMA20. This is an excellent opportunity for a second entry. The 4H level has formed a clear upward trend, with the price above all moving averages and strong momentum. Open interest remained stable during the price rally, indicating that it’s not just a short squeeze but that major funds are supporting the market behind the scenes. The current negative funding rate provides an additional safety cushion for bulls.

🎯 Direction: Long

⚡ Entry/Order: 0.0240 - 0.0245 (can enter in batches near the current price)

🛑 Stop Loss: 0.0233

🚀 Target 1: 0.0271

🚀 Target 2: 0.0293

🛡️ Trading Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. The remaining position aims for Target 2. If the price strongly breaks through Target 1, move the stop loss below Target 1.

Depth Logic: Market depth data shows buy orders are far thicker than sell orders, with dense support below and very light selling pressure. Although the 1-hour RSI is high, it has already pulled back from the overbought zone, preparing for another rise. The 4-hour level has broken through previous consolidation with volume, establishing the trend. Combined with the negative funding rate and stable open interest, this short squeeze is far from over; a pullback is an opportunity.

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