【$CHIP Signal】Long position with a strong breakout on the 1H timeframe, short squeeze in progress

$CHIP The 1H timeframe price has already broken above the upper Bollinger Band at 0.1351, and the MACD histogram on the 4H timeframe continues to expand, indicating buying momentum has not waned.
Order book depth is imbalanced at -23.97%, with sell orders significantly thin, combined with a negative funding rate of -0.1896%, indicating a short squeeze structure is forming.
In this environment, prices are often rapidly pushed higher in liquidity vacuum zones.

Current price at 0.13459, go long directly, with a stop below 0.13284.
First target at 0.14011, second target at 0.14253.

After reaching the first target, halve the position, and move the remaining stop-loss up to the cost price.
If the price falls back into the entry zone, it indicates the breakout has failed, and an exit should be made decisively.
The current risk-reward ratio is close to 2, which is acceptable.
Hot Coin’s short squeeze行情 is often swift but short-lived, so holding time should not be too long; quick entry and exit are key.

View real-time行情 👇 $CHIP
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