【$JUP Signal】1H Breakout and Pullback Confirmation, Hidden Short Squeeze Rebound
$JUP At the 1H level, after repeatedly testing the key support zone (0.147-0.148), a long lower shadow was just formed and it closed above the EMA20 (0.1479). The buy volume is significantly thicker than the sell volume, indicating a typical support and accumulation signal. Although the 4H level is still under pressure from EMA20 (0.1523), the 1H momentum has already turned strong, with negative funding rate + stable open interest + no price decline, suggesting a short-term rebound opportunity from a short squeeze.
🛑Stop Loss: 0.1469 (Reason: Break below the previous 1H low and the lower boundary of the dense trading zone )
🚀Target 1: 0.1515 (Reason: 4H EMA20 resistance and previous high area )
🚀Target 2: 0.1535 (Reason: 0.618 Fibonacci retracement of the previous downtrend on the 4H level )
🛡Trade Management:
- Position Size Suggestion: Light (Reason: The 4H trend has not fully reversed, indicating a small countertrend within a larger trend )
- Execution Strategy: After reaching 0.1515, reduce position by 50% and move stop loss to entry price. Hold the remaining position to target 2. If the price stalls in the 0.1500-0.1515 range, exit all positions.
Depth Logic: Order book imbalance reaches 16.28%, buy orders are concentrated. The 1H RSI (50.6) is in a neutral to slightly bullish zone, with room to rise. Over the past few hours, the price has declined but open interest remains stable, indicating not a main force distribution but rather a shakeout of weak holders. Coupled with negative funding rates, short sellers face squeeze risk. The key is whether the price can volume-break through the 1H previous high at 0.1507.
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【$JUP Signal】1H Breakout and Pullback Confirmation, Hidden Short Squeeze Rebound
$JUP At the 1H level, after repeatedly testing the key support zone (0.147-0.148), a long lower shadow was just formed and it closed above the EMA20 (0.1479). The buy volume is significantly thicker than the sell volume, indicating a typical support and accumulation signal. Although the 4H level is still under pressure from EMA20 (0.1523), the 1H momentum has already turned strong, with negative funding rate + stable open interest + no price decline, suggesting a short-term rebound opportunity from a short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 0.1485 - 0.1490 (Reason: 1H EMA20 support zone, concentrated buy orders )
🛑Stop Loss: 0.1469 (Reason: Break below the previous 1H low and the lower boundary of the dense trading zone )
🚀Target 1: 0.1515 (Reason: 4H EMA20 resistance and previous high area )
🚀Target 2: 0.1535 (Reason: 0.618 Fibonacci retracement of the previous downtrend on the 4H level )
🛡Trade Management:
- Position Size Suggestion: Light (Reason: The 4H trend has not fully reversed, indicating a small countertrend within a larger trend )
- Execution Strategy: After reaching 0.1515, reduce position by 50% and move stop loss to entry price. Hold the remaining position to target 2. If the price stalls in the 0.1500-0.1515 range, exit all positions.
Depth Logic: Order book imbalance reaches 16.28%, buy orders are concentrated. The 1H RSI (50.6) is in a neutral to slightly bullish zone, with room to rise. Over the past few hours, the price has declined but open interest remains stable, indicating not a main force distribution but rather a shakeout of weak holders. Coupled with negative funding rates, short sellers face squeeze risk. The key is whether the price can volume-break through the 1H previous high at 0.1507.
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