【$COS Signal】Pullback Long + Short Squeeze Rebound

$COS 1H level is currently in a consolidation and digestion phase after an epic rally. The 4H level has a massive bullish candle establishing a strong foundation, but the 1H RSI has entered extreme overbought territory, making direct chasing highly risky. Current price has moved far away from both 1H and 4H EMA20 moving averages. The optimal strategy is to wait for a healthy pullback and position during the market cooling period.

🎯Direction: Long (Pending Orders on Pullback)

⚡Entry/Pending Orders: 0.001067 - 0.001094

🛑Stop Loss: 0.001000

🚀Target 1: 0.001472

🚀Target 2: 0.001661

🛡️Trade Management:
- Execution Strategy: Use staged entries, buying the dips within the recommended range. Reduce position by 50% when price reaches Target 1, and move the stop loss of remaining position to entry price. If price breaks Target 2 strongly, you can keep some profits as a trend trade, tracking with trailing stop loss.

Deep Logic: This is a typical short squeeze scenario. The funding rate is as high as -1.26%, indicating extremely high costs for short holders, while open interest remains stable after the price explosion, suggesting shorts haven't surrendered en masse. The potential short squeeze momentum is still present. The buy-side depth at 1H level remains solid, providing support for pullbacks. Current price needs to pullback to the moving average system (around 0.0011) to repair the excessive technical indicators, which will be an excellent risk-reward re-entry opportunity. Market logic suggests price increases need to be judged in combination with open interest. Currently, it looks more like major players pushing rather than pure short squeezing, with more upside ahead.

View Live Chart 👇 $COS
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