After experiencing significant fluctuations, the 1H timeframe price found support and stabilized near EMA20$SAHARA 0.0215(. The 4H timeframe remains in a healthy correction zone following yesterday's strong bullish candle, with key support at the 0.0200-0.0197 area not effectively broken, indicating the structure remains intact. The negative funding rate is as high as -0.4155%, indicating strong potential for a short squeeze.
🎯Direction: Long )Long( ⚡Entry/Order: Currently around 0.02159 or dip back to the 0.0210-0.0213 range for staggered entries 🛑Stop Loss: 0.0195 🚀Target 1: 0.0245 🚀Target 2: 0.0260 🛡️Trade Management: - Position size suggestion: Light position - Execution strategy: Use a staggered entry approach, initial entry at 50% position, add another 50% if price dips to the 0.0210-0.0213 range. After reaching Target 1, reduce position by 50% and move stop loss to entry price. Remaining position aims for Target 2. Deep Logic: The 1H chart shows a long lower shadow at 0.01968 followed by a quick rebound, a typical sign of shakeout and accumulation. Although current buy depth slightly favors buyers (bid_ask_ratio_depth: 1.14), the selling pressure above (0.0216-0.0217) is not heavy, and a breakout could open up space. Open interest remains stable, and the price has not fallen due to the negative funding rate, indicating that bearish pressure is being absorbed by bulls. Once a short squeeze initiates, the speed will be rapid. RSI on the 1H chart is at 53, a neutral to slightly bullish position with room to move higher. View real-time market 👇)#Gate广场发帖领五万美金红包 $SAHARA
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GateUser-e2cabeff
· 17h ago
Wait and see cautiously 🔍
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GateUser-e2cabeff
· 17h ago
You haven't given any correct indicators, my friend. Where do you get this nonsense from?
After experiencing significant fluctuations, the 1H timeframe price found support and stabilized near EMA20$SAHARA 0.0215(. The 4H timeframe remains in a healthy correction zone following yesterday's strong bullish candle, with key support at the 0.0200-0.0197 area not effectively broken, indicating the structure remains intact. The negative funding rate is as high as -0.4155%, indicating strong potential for a short squeeze.
🎯Direction: Long )Long(
⚡Entry/Order: Currently around 0.02159 or dip back to the 0.0210-0.0213 range for staggered entries
🛑Stop Loss: 0.0195
🚀Target 1: 0.0245
🚀Target 2: 0.0260
🛡️Trade Management:
- Position size suggestion: Light position
- Execution strategy: Use a staggered entry approach, initial entry at 50% position, add another 50% if price dips to the 0.0210-0.0213 range. After reaching Target 1, reduce position by 50% and move stop loss to entry price. Remaining position aims for Target 2.
Deep Logic: The 1H chart shows a long lower shadow at 0.01968 followed by a quick rebound, a typical sign of shakeout and accumulation. Although current buy depth slightly favors buyers (bid_ask_ratio_depth: 1.14), the selling pressure above (0.0216-0.0217) is not heavy, and a breakout could open up space. Open interest remains stable, and the price has not fallen due to the negative funding rate, indicating that bearish pressure is being absorbed by bulls. Once a short squeeze initiates, the speed will be rapid. RSI on the 1H chart is at 53, a neutral to slightly bullish position with room to move higher.
View real-time market 👇)#Gate广场发帖领五万美金红包 $SAHARA