【$BTR Signal】Short squeeze continues, go long on 1H pullback confirmation

$BTR The 1H timeframe has entered a high-level consolidation after a massive rally, with price staying close above EMA20(1H), indicating strong consolidation. The 4H timeframe has broken through all previous resistance levels and is in a one-way upward trend. Currently, the negative funding rate(-0.0272%) and stable OI suggest the price remains firm, a typical short squeeze structure, with clear main force support. The deep imbalance of -16.13% shows selling pressure is concentrated locally, while buying support is broader.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1900 - 0.1920 (Reason: 1H EMA20 dynamic support zone and previous hour’s low)

🛑Stop loss: 0.1840 (Reason: Break below the start of the 4H big bullish candle and ATR(14) lower band)

🚀Target 1: 0.1990 (Reason: Previous high resistance level)

🚀Target 2: 0.2100 (Reason: 1.618 Fibonacci extension based on recent gains)

🛡️Trade management:

- Position suggestion: Light position (Reason: Intraday gains have exceeded 27%, volatility is extremely high)

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 0.1990, trail the stop loss of the remaining position above the 1H EMA50.

Deep logic: Over the past 4 hours, trading volume surged, with buy dominance (buy_sell_ratio > 0.5), and funds continue to flow in. The 1H RSI(77.49) is high but not exhausted, leaving room for further upside. The order book shows dense buy orders accumulated in the 0.1928-0.1929 range, forming immediate support. Market logic indicates “price rising,” combined with stable OI growth, suggesting the main driver is bullish forces rather than purely short covering, and upward continuation is expected.

Trade here 👇 $BTR

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