Market analysis: On the 4H chart, continuous volume-driven bullish candles broke through the key resistance at 0.096, turning previous resistance into support. Open interest (OI) remains stable, funding rate is only 0.005%, far from dangerous levels, ruling out the possibility of major players pushing up to dump.
Hardcore logic: RSI(78) is in overbought territory, but combined with positive funding rate and stable OI, this is a typical early-stage short squeeze(Short Squeeze), not a top signal. Depth data shows buy orders are significantly thicker than sell orders(Bid/Ask Ratio: 1.64), indicating institutional support and accumulation.
Price is strongly above the EMA20(0.0879), ATR(0.0038) indicates healthy volatility expansion. Currently, the pullback to the breakout zone of 0.099-0.100, with decreasing volume, presents an ideal low-risk entry point. Set stop loss below the previous high at 0.096, with a risk-reward ratio >2.5.
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【$APR Signal】Long | Breakout and retest confirmation, short squeeze continues
$APR After volume broke through previous high resistance, it consolidated around 0.100, which is a healthy reset after a breakout, not a top.
🎯Direction: Long
🎯Entry: 0.0995 - 0.1005
🛑Stop Loss: 0.0960 (Break below previous high support, rigid stop loss)
🚀Target 1: 0.1080
🚀Target 2: 0.1150
Market analysis: On the 4H chart, continuous volume-driven bullish candles broke through the key resistance at 0.096, turning previous resistance into support. Open interest (OI) remains stable, funding rate is only 0.005%, far from dangerous levels, ruling out the possibility of major players pushing up to dump.
Hardcore logic: RSI(78) is in overbought territory, but combined with positive funding rate and stable OI, this is a typical early-stage short squeeze(Short Squeeze), not a top signal. Depth data shows buy orders are significantly thicker than sell orders(Bid/Ask Ratio: 1.64), indicating institutional support and accumulation.
Price is strongly above the EMA20(0.0879), ATR(0.0038) indicates healthy volatility expansion. Currently, the pullback to the breakout zone of 0.099-0.100, with decreasing volume, presents an ideal low-risk entry point. Set stop loss below the previous high at 0.096, with a risk-reward ratio >2.5.
Trade here 👇 $APR
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