【$PTB Signal】Short | Distributing at High Levels After Massive Surge

After a massive surge on the 4-hour chart, the price stalls at high levels, forming a narrow range of oscillation. Key data: After the rally, Taker sell volume dominates, and the buy/sell ratio remains below 1.0 (latest 0.47), indicating the rally is driven by short covering rather than genuine buying. Open interest remains stable, funding rates are slightly positive, and the main players are distributing at high levels by leveraging market sentiment.

🎯 Direction: Short

🎯 Entry: 0.001644 - 0.001650

🛑 Stop Loss: 0.001720 $PTB Rigid Stop Loss (

🚀 Target 1: 0.001510

🚀 Target 2: 0.001350

Hardcore logic: After the second massive 4H candle (36B volume) pushed the price up to 0.001897, the following three candles failed to make new highs, with the highs gradually decreasing, indicating supply entering the market. The order book shows heavy sell orders (Ask) stacked above, especially in the 0.00165-0.00166 range, creating strong resistance. Combined with Taker sell behavior and low buy/sell ratio, this is a typical “short squeeze rally” followed by distribution. It is highly probable that the price will fall back below the midpoint of the massive volume candle (~0.00157).

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