【$YGG Signal】Pullback to buy + 1H strong consolidation, clear signs of main force supporting the market

$YGG The 1H level experienced a massive surge yesterday and is now in a strong consolidation at high levels. An epic bullish candle on the 4H chart confirms a reversal. The current price is supported above the 4H EMA20 (0.0462). The bid depth on the 1H chart (bid_ask_ratio_depth: 1.13) is much thicker than the ask side, indicating main force is supporting the market. Negative funding rate (-0.5158%) + stable OI suggest potential short squeeze, and the pullback is an opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0470 - 0.0473 (Reason: 1H EMA20 support zone & dense buy orders)

🛑Stop loss: 0.0460 (Reason: Break below 1H EMA50 and previous rally start)

🚀Target 1: 0.0500 (Reason: Resistance near yesterday’s high)

🚀Target 2: 0.0520 (Reason: 1.618 Fibonacci extension level)

🛡️Trade management:

- Position suggestion: Light position (Reason: Significant intraday rally, extremely high volatility)

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2. If the 1H candle closes below EMA20, exit all positions.

Depth logic: The volume on the 4H chart has surged, indicating typical main force accumulation or rally signals. The current 1H RSI (59.36) is healthy and not overbought. The order book imbalance (5.94%) shows buy orders are stacked below, effectively absorbing selling pressure. OI remains stable during consolidation, indicating large-scale long positions have not exited, waiting for a secondary breakout. Negative funding rate increases short holding costs, fueling the subsequent rise.

View real-time market 👇 $YGG

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