$UAI The 1H timeframe is currently consolidating at a high level after a violent surge, with RSI(1H) reaching 84.82 indicating overbought conditions, but this is normal for Hot Coin. The key is the 4H timeframe, where the latest 4H candlestick shows a massive 22% increase, directly engulfing several previous candles, which is a strong trend initiation signal. Open interest remains stable, and price is soaring, indicating a typical short squeeze or main force pushing the price up, with bears being squeezed out.
🎯Direction: Long (Long)
🎯Entry/Order: 0.2950 - 0.2980 (Reason: Retracement to the 1H EMA20 support zone and the lower boundary of the current consolidation platform)
🛑Stop Loss: 0.2800 (Reason: Break below the previous 1H candle low and ATR(14) twice the distance below)
🚀Target 1: 0.3180 (Reason: Break previous high, test intraday high resistance)
🚀Target 2: 0.3400 (Reason: Based on the 1.618 Fibonacci extension of the surge wave)
🛡️Trade Management:
- Position size suggestion: Light position (Reason: RSI is extremely high, volatility is intense, indicating high-risk betting)
- Execution strategy: After the price reaches 0.3180, reduce position by 50% and move stop loss to entry price 0.2950. The remaining position aims for the second target; if the price retraces and breaks below 0.2950, exit all.
Deep logic: Market logic indicates ‘price rising, combined with position volume assessment’, current open interest is stable rather than decreasing, suggesting it’s not just short covering but possibly new long capital entering. Market depth shows buy orders accumulating (bid_ask_ratio_depth=1.76), with strong support below. The 1H EMA20 has quickly crossed above EMA50 forming a golden cross, indicating a short-term upward trend. The risk is RSI being severely overbought, which could lead to a technical correction at any time, so a light position and strict stop loss are necessary, using retracements to add longs rather than chasing highs.
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HeheYrr
· 2h ago
Bro, why don't you post about another mainstream coin 😂?
I am celebrating the New Year at Gate Square
#加密市场反弹 【$UAI Signal】Short squeeze relay, sniper on 1H timeframe momentum continuation
$UAI The 1H timeframe is currently consolidating at a high level after a violent surge, with RSI(1H) reaching 84.82 indicating overbought conditions, but this is normal for Hot Coin. The key is the 4H timeframe, where the latest 4H candlestick shows a massive 22% increase, directly engulfing several previous candles, which is a strong trend initiation signal. Open interest remains stable, and price is soaring, indicating a typical short squeeze or main force pushing the price up, with bears being squeezed out.
🎯Direction: Long (Long)
🎯Entry/Order: 0.2950 - 0.2980 (Reason: Retracement to the 1H EMA20 support zone and the lower boundary of the current consolidation platform)
🛑Stop Loss: 0.2800 (Reason: Break below the previous 1H candle low and ATR(14) twice the distance below)
🚀Target 1: 0.3180 (Reason: Break previous high, test intraday high resistance)
🚀Target 2: 0.3400 (Reason: Based on the 1.618 Fibonacci extension of the surge wave)
🛡️Trade Management:
- Position size suggestion: Light position (Reason: RSI is extremely high, volatility is intense, indicating high-risk betting)
- Execution strategy: After the price reaches 0.3180, reduce position by 50% and move stop loss to entry price 0.2950. The remaining position aims for the second target; if the price retraces and breaks below 0.2950, exit all.
Deep logic: Market logic indicates ‘price rising, combined with position volume assessment’, current open interest is stable rather than decreasing, suggesting it’s not just short covering but possibly new long capital entering. Market depth shows buy orders accumulating (bid_ask_ratio_depth=1.76), with strong support below. The 1H EMA20 has quickly crossed above EMA50 forming a golden cross, indicating a short-term upward trend. The risk is RSI being severely overbought, which could lead to a technical correction at any time, so a light position and strict stop loss are necessary, using retracements to add longs rather than chasing highs.
View real-time market 👇 $UAI
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