【$LIFE Signal】Short squeeze pullback, sniper for a second surge

$LIFE 1H timeframe rises then pulls back, price encounters selling pressure near the upper Bollinger band at around 0.3419, but the 4H MACD fast and slow lines are still widening, indicating bullish momentum is not exhausted. The order book shows buy orders are 3.4 times the sell orders, with clear capital support intentions.

Price stabilizes above 0.3300, go long directly.

⚡Entry: 0.34190

🛑Stop loss: 0.15910

🚀Target 1: 0.36176

🚀Target 2: 0.42931

🛡️Trade management: - Execute strategy: halve the position at Target 1, move the remaining stop loss up to the entry price. If the price cannot hold above 0.3300, exit proactively.

The 4H chart has broken above the upper Bollinger band, indicating obvious short-term overbought conditions, with RSI reaching 86.67. Chasing the high here carries significant risk. However, the funding rate is -0.0048%, a negative value, combined with stable open interest and deep buy-side order book, suggesting a risk of short squeeze. A more cautious approach is to wait for a solid pullback, with the 1H EMA50 at 0.2519, forming a resonance support zone with the 4H middle Bollinger line at 0.2096. If the price retraces to the 0.25-0.27 range and shows increasing buy volume, it would be a better risk-reward entry point. Current volume has declined from high levels, requiring new capital influx to break previous highs.

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