【#Gate蓝龙虾重磅上线 Signal】Short squeeze continues; a pullback is an opportunity to buy

The 1-hour timeframe is consolidating at a high level after a massive rally, and a single high-volume bullish candle on the 4-hour chart signals a trend reversal. Although the current price is far from the moving averages, the negative funding rate is as high as -1.24% and open interest remains stable, indicating that the bears are still struggling to hold, with potential for a continued short squeeze. The 1-hour RSI is in the overbought zone but shows no bearish divergence, which is normal in a strong market. The order book shows selling pressure concentrated above the current price, while buying depth is decent, providing a buffer for a pullback.

🎯 Direction: Long (buy on dip)

⚡ Entry/Order: 0.04365 - 0.04477

🛑 Stop Loss: 0.03880

🚀 Target 1: 0.06867

🚀 Target 2: 0.08062

🛡️ Trading Management:

- Execution Strategy: Use staggered entries. If the price pulls back to the lower end of the suggested zone, establish the first batch of positions. After reaching Target 1, reduce positions by 50% and immediately move the stop loss of the remaining positions to the entry price. Hold the remaining positions for Target 2.

$ACX Depth Logic: This is a classic short squeeze scenario. The price surged over 90% within 4 hours, but open interest did not decrease, indicating that bears have not capitulated on a large scale and may be adding margin or opening new shorts. The extremely high negative funding rate is the “pain fee” paid by shorts. As long as there is no crash-like decline, buy orders to close shorts will continue to provide upward momentum. A healthy pullback on the 1-hour chart is needed to digest the overbought condition, and the suggested entry zone is based on the optimized support zone of the 1H EMA structure. $ACX

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