$GWEI Signal】1H short squeeze continuation under overbought conditions, pullback to buy


1H RSI 82.36, MACD bullish divergence accelerating, funding rate -0.0427% bears under pressure. 4H MACD golden cross with volume increase, upper Bollinger band 0.1091 has been broken through by the candle body, current price 0.11727 with no obvious resistance above. Depth imbalance -38.36% indicates sell orders stacking up, but buyers continue to actively buy, a typical short squeeze structure. The current price has exceeded the upper limit of the suggested entry zone, chasing higher has an unfavorable risk-reward ratio, but the trend inertia still exists, waiting for a pullback to the upper boundary of the zone to enter long more safely.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: 0.11668

🛑Stop Loss: 0.09711

🚀Target 1: 0.11726

🚀Target 2: 0.11773

🛡️Trade Management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss up to the entry price. If the price falls back to 0.11668, exit automatically to protect capital.

Depth logic: OI remains stable, sell orders are thick but passively absorbed, buyers are highly motivated. In overbought RSI conditions, the price refuses to decline sharply, indicating continued accelerated capital inflow. The overall structure favors a bullish continuation, with entry timing focused on confirming the pullback point.

View real-time market 👇 $GWEI
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