【$B Signal】Strong Short Squeeze, 1H Breakout to Chase Longs

$B The 1H timeframe has just seen a volume breakout above the previous high of 0.1740, with the price reaching a new intraday high of 0.1778, indicating extremely strong momentum. The 4H chart has closed bullish for several consecutive periods, breaking through the previous consolidation range, clearly indicating an upward trend. Market logic suggests the price will rise further, combined with stable open interest, which points more to institutional entry driving the move rather than purely short covering. Although RSI on the 1H remains high, it has not become overbought, leaving room for further upside.

🎯Direction: Long (Long)

⚡Entry/Order: 0.1765 - 0.1775

🛑Stop Loss: 0.1720

🚀Target 1: 0.1820

🚀Target 2: 0.1880

🛡️Trade Management:
- Position Size Recommendation: Standard position
- Execution Strategy: After the price reaches 0.1820, reduce position by 50% and move the stop loss to the entry price of 0.1770. Hold the remaining position for the second target. If the price pulls back and breaks below the moving stop loss, exit all positions.

Depth Logic: The order book shows exceptionally thick buy orders in the 0.1750-0.1760 range, forming a strong support cushion. The 1H EMA20 (0.1647) and EMA50 (0.1537) are arranged in a bullish alignment, providing a technical foundation for the rally. Although RSI on the 1H is at 75.3, in a strong short squeeze environment, the indicator may remain overbought. The current price is close to the bid at level one, and once it breaks above 0.1772, resistance above is sparse, suggesting a rapid upward move is possible.

View real-time market 👇 $B

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