【$INIT Signal】Pullback to Long + Short Squeeze Expectation

$INIT 1H timeframe has experienced a massive rally and is now consolidating strongly at high levels. A single massive bullish candle on the 4H chart confirms a trend reversal. The current price is sideways around 0.104, and the 1H RSI(66.51) has fallen back from overbought territory, indicating healthy correction and building strength for the next rally. Negative funding rate(-0.1535%) contrasts sharply with stable open interest(OI Stable), signaling a classic short squeeze precursor. Short sellers are paying high costs, and once buying pressure intensifies, a short squeeze could easily trigger a cascade.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1035 - 0.1040 (Reason: Strong support at the lower end of the current consolidation zone, above the 1H EMA20(0.0959)

🛑Stop Loss: 0.1002 )Reason: Break below yesterday’s massive rally low of 0.10035, structure is broken(

🚀Target 1: 0.1135 )Reason: Previous high resistance level, also the 1H Fibonacci 0.618 extension(

🚀Target 2: 0.1185 )Reason: 4H previous high at 0.11849; a breakout could lead to new highs(

🛡️Trade Management:

- Position Size: Light )Reason: Up 48% intraday, extremely volatile, strict risk control needed(

- Execution Strategy: When price reaches 0.1135, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1040. If the price strongly breaks through 0.1185, move the stop loss up to 0.1135 to aim for greater gains.

Deep Logic: The 4H buy/sell ratio remains stable at 0.50, indicating balanced bulls and bears, but the negative funding rate is the core contradiction, showing immense bearish pressure. Market depth shows significant sell orders)asks( accumulating above 0.104. Once bought through, this could trigger a large number of short stop-loss orders, leading to a short squeeze. The 1H volume shrinks during the pullback, indicating healthy shakeout. The current strategy is to position in the strong support zone, preparing for a secondary rally.

Trade here 👇 )
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