【$APR Signal】1H strong breakout, main funds entering the market, targeting short squeeze trend
$APR The 1H timeframe has just completed a massive rally, with the price breaking through the previous consolidation zone and stabilizing above all short-term moving averages. A single large bullish candle on the 4H chart has directly reversed the downward trend, forming a V-shaped reversal pattern. Currently, the price is consolidating at a high level after the massive surge, typical of strong turnover. Stable open interest (OI) indicates that funds have not exited, which is a clear signal of main force supporting the market.
🎯Direction: Long (Long)
🎯Entry/Order: Enter immediately around the current price of 0.1035 or wait for a pullback to 0.1000 - 0.1010 (Reason: The current price is in the upper part of the strong consolidation zone; 0.1000 is a support level where the 1H EMA20 and previous breakout platform resonate)
🛑Stop Loss: 0.0970 (Reason: Break below the starting point of the massive bullish candle and the 4H EMA50 support indicates a failed breakout)
🚀Target 1: 0.1100 (Reason: Previous high psychological resistance and 1.272 Fibonacci extension level)
🚀Target 2: 0.1180 (Reason: 1.618 Fibonacci extension level, corresponding to the previous decline relay platform)
🛡Trade Management:
- Position size suggestion: Light position up to a standard size (Reason: High volatility, ATR reaches 5.6%, risk per trade needs to be controlled)
- Execution strategy: Use partial profit-taking. Close 50% at Target 1, and move the stop loss of the remaining position to the entry price. After reaching Target 2, close the remaining 50%. If the price drops back below 0.1010 immediately after entry, consider reducing or exiting early.
Deep logic: Over the past 4 hours, trading volume exploded, with the price soaring over 18%, but open interest (OI) remained stable. This rules out pure short covering and looks more like new long positions entering to absorb supply. The 1H RSI is as high as 82.81, indicating overbought conditions, but in a strong short squeeze market, RSI can stay high for a long time. Market depth data shows buy orders (Bid) are significantly thicker than sell orders (Ask), with a depth imbalance of 15.7%, indicating strong support below. Coupled with positive funding rates, market sentiment is strongly bullish, with potential for further short squeeze.
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【$APR Signal】1H strong breakout, main funds entering the market, targeting short squeeze trend
$APR The 1H timeframe has just completed a massive rally, with the price breaking through the previous consolidation zone and stabilizing above all short-term moving averages. A single large bullish candle on the 4H chart has directly reversed the downward trend, forming a V-shaped reversal pattern. Currently, the price is consolidating at a high level after the massive surge, typical of strong turnover. Stable open interest (OI) indicates that funds have not exited, which is a clear signal of main force supporting the market.
🎯Direction: Long (Long)
🎯Entry/Order: Enter immediately around the current price of 0.1035 or wait for a pullback to 0.1000 - 0.1010 (Reason: The current price is in the upper part of the strong consolidation zone; 0.1000 is a support level where the 1H EMA20 and previous breakout platform resonate)
🛑Stop Loss: 0.0970 (Reason: Break below the starting point of the massive bullish candle and the 4H EMA50 support indicates a failed breakout)
🚀Target 1: 0.1100 (Reason: Previous high psychological resistance and 1.272 Fibonacci extension level)
🚀Target 2: 0.1180 (Reason: 1.618 Fibonacci extension level, corresponding to the previous decline relay platform)
🛡Trade Management:
- Position size suggestion: Light position up to a standard size (Reason: High volatility, ATR reaches 5.6%, risk per trade needs to be controlled)
- Execution strategy: Use partial profit-taking. Close 50% at Target 1, and move the stop loss of the remaining position to the entry price. After reaching Target 2, close the remaining 50%. If the price drops back below 0.1010 immediately after entry, consider reducing or exiting early.
Deep logic: Over the past 4 hours, trading volume exploded, with the price soaring over 18%, but open interest (OI) remained stable. This rules out pure short covering and looks more like new long positions entering to absorb supply. The 1H RSI is as high as 82.81, indicating overbought conditions, but in a strong short squeeze market, RSI can stay high for a long time. Market depth data shows buy orders (Bid) are significantly thicker than sell orders (Ask), with a depth imbalance of 15.7%, indicating strong support below. Coupled with positive funding rates, market sentiment is strongly bullish, with potential for further short squeeze.
Trade here 👇 $APR
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