【$FIDA Signal】1H level strong breakout, short squeeze market begins, targeting the main upward wave

$FIDA The 1H level has just completed a massive breakout, with the price rising straight from 0.01825 to 0.02078, and the hourly trading volume increasing to over 30 times the previous level. This is a typical signal of main capital inflow. The 4H level has already broken through the recent oscillation box top, indicating a trend shift to bullish. Currently, the negative funding rate is as high as -0.38%, and with the price holding firm and open interest stable, there is a strong expectation of a short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: 0.01955 - 0.01970 (Reason: The current price retraces to support at the 1H EMA20, and buy orders are stacked around 0.0195 )

🛑Stop Loss: 0.01890 (Reason: Falling below the 1H breakout high of 0.0190 and EMA50 support indicates a failed breakout )

🚀Target 1: 0.02080 (Reason: Previous high resistance level, also the starting point of the 1H upward move )

🚀Target 2: 0.02200 (Reason: The lower boundary of the previous 4H correction zone, 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 1H/4H resonance breakout, volume and price rise together, high signal quality )

- Execution strategy: After reaching Target 1, reduce position by 50%, and move the remaining position’s stop loss up to the entry price of 0.01955. If the price strongly breaks through 0.0208 and stabilizes, hold the remaining position to target the second level.

Deep logic: The key is the 1H massive bullish candle at 21:00. The buy/sell ratio of 0.52 indicates buy dominance. Although RSI_1H is as high as 72.93, in the early stage of a strong breakout, overbought conditions can be ignored. Market depth shows large sell orders around 0.0196-0.0197; once absorbed, the upward movement will be smoother. Stable open interest and large price increase indicate a healthy price rise with steady positions, not just short covering. The negative funding rate environment fuels ongoing short squeezes.

View real-time market 👇 $FIDA

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包