#Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #原油价格上涨 【$OGN Signal】Squeeze relay, confirmation after 1H pullback then second assault

$OGN At the 1H level, after a massive rally, the price is consolidating strongly at high levels, clinging to the 1-hour EMA20 moving average, displaying a typical strong pullback structure. At the 4-hour level, volume breakout through the previous consolidation platform, trend has turned bullish. Current negative funding rate stands at -0.248%, open interest remains stable, yet price is exceptionally resilient, displaying typical short squeeze characteristics, shorts are paying high costs, providing fuel for subsequent rallies.

🎯Direction: Long

⚡Entry/Pending Order: 0.0267 - 0.0274 (Patiently wait for pullback to this optimization zone, strictly forbidden to chase highs)

🛑Stop Loss: 0.0243

🚀Target 1: 0.0396

🚀Target 2: 0.0457

🛡️Trade Management:

- Execution Strategy: Split position into two batches, can appropriately increase position at the lower end of pullback zone. After price reaches first target 0.0396, reduce position by 50%, and move stop loss of remaining position up to entry price. Remaining position targets second objective, if price falls back to entry zone, exit unconditionally.

( Deep Logic: Over the past 24 hours rally exceeded 58%, but open interest did not decrease, indicating not purely profit-taking by longs, but rather new capital taking over or short forced liquidations. 1-hour RSI has healthily pulled back from overbought zone to 68, providing space for another rally. Order book shows buy orders accumulated in large quantities at 0.029-0.030 zone, forming short-term support. Combined with negative funding rate and stable open interest, main force protection intent is evident, pullbacks are opportunities. )

View live market 👇 $OGN

---

Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL