【#Gate蓝龙虾重磅上线 Signal】Short - 1H rally exhaustion, 4H resistance suppression

The 1H level just surged to 3.946 and quickly retreated, forming a long upper shadow, indicating heavy selling pressure above. The 4H level remains in a consolidation range between 3.8 and 3.95, with the price unable to stabilize, showing signs of momentum exhaustion. Currently, the price has moved far away from the 1H moving average support, making chasing high very risky.

🎯 Direction: Short

⚡ Entry/Order: 3.940 - 3.945 (Enter near the current price)

🛑 Stop Loss: 3.970

🚀 Target 1: 3.798

🚀 Target 2: 3.773

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and lock in profits, while moving the remaining stop loss down to the entry price of 3.945 to ensure no loss on this trade. If the price strongly breaks through the stop loss, abandon the trade and wait for the next opportunity.

Deep Logic: The 1-hour RSI has entered overbought territory, forming a bearish divergence with the new high in price, indicating weakening upward momentum. Although open interest remains stable, the depth of buy orders above 3.944 is noticeably weak, while sell orders are dense. Combining market logic suggests “price rising, consider whether the main players are entering or shorts are being squeezed,” current open interest has not increased significantly with the price rise, more likely driven by passive short covering (squeezing), not active long positions. The sustainability of the rebound is doubtful. The 4-hour level is still constrained by previous highs, making it an excellent short-term sniper position.

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