【$FLUID Signal】Short squeeze continues, watch for a pullback to go long

$FLUID 1H RSI skyrocketed to 86, buying pressure extremely crowded. The upper band of the 4H Bollinger Bands is strongly topped out, MACD histogram still expanding, but the 1H MACD momentum is beginning to shrink, indicating weakening short-term chasing power. Market depth shows slight selling pressure, but overall buying support still exists.

The current price is at an intraday high, chasing higher directly offers poor risk-reward. A better strategy is to wait for a healthy pullback.

🎯Direction: Pullback to go long

⚡Entry/Order: Buy in stages if the price pulls back to the 1.72 - 1.78 range.

🛑Stop loss: Below 1.67.

🚀Target 1: 1.99

🚀Target 2: 2.00

🛡️Trade management:
- Execution strategy: After reaching 1.99, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 1.78 and falls below again, consider exiting early.

The 4-hour volume continues to expand, EMA20 and EMA50 are in a bullish alignment, trend structure remains intact. The 1-hour high-level consolidation with decreasing volume looks more like profit-taking rather than main force distribution. The funding rate at 0.005% is still within a reasonable range, no extreme short squeeze signals, but stable open interest indicates bulls are still in control. Under this structure, a deep pullback is an opportunity; the key is precise entry points.

Check real-time market 👇 $FLUID
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