【$MIRA Signal】Pullback to Long + 1H Strong Consolidation, Main Force Clearly Protecting the Market

$MIRA The 1H timeframe has experienced a massive rally and is now in a strong consolidation at high levels. The price is oscillating within the 0.111-0.114 range, with the 1H EMA20 (0.1052) forming a strong dynamic support, and the current price is well above the 4H EMA50 (0.0895), indicating a medium-term bullish trend. The key point is that although the price has pulled back from the high, open interest (OI) remains stable, and the funding rate is negative (-0.0237%), which suggests that bears are still paying fees, indicating a potential short squeeze risk. Market depth shows that buy orders are much thicker than sell orders, with a large accumulation of buy orders in the 0.111-0.112 area below, providing a solid buffer for the price.

🎯Direction: Long (Long)

🎯Entry/Orders: Enter in batches within the 0.1115 - 0.1125 range

🛑Stop Loss: 0.1080 (Break below the lower boundary of the 1H consolidation platform and previous low)

🚀Target 1: 0.1180 (Previous high resistance level)

🚀Target 2: 0.1245 (Historical high)

🛡️Trade Management:

- Position suggestion: Light position (Reason: Intraday volatility is extremely high, ATR reaches 0.0084, strict risk control is necessary)

- Execution strategy: After the price reaches Target 1 at 0.1180, reduce position by 50%, and move the stop loss of the remaining position up to the entry price of 0.1120. If the price strongly breaks through 0.1200, move the stop loss up to 0.1150 to aim for higher targets.

Depth logic: A massive bullish candle on the 4H chart establishes an upward trend, followed by candlesticks forming doji and spinning tops at high levels, indicating healthy profit-taking. The 1H RSI (63.18) has retreated from overbought territory to a healthy zone, preparing for another upward move. The most critical signals are ‘negative funding rate + stable open interest + sideways price,’ which are typical signs of main force protecting the market and clearing out weak hands. The cost pressure on short positions is huge. Market logic suggests prices will rise, combined with an order book imbalance (-1.65%), indicating that main force is accumulating rather than just short covering. Dense support below and reduced selling pressure after turnover increase make an upward breakout more likely.

View real-time market 👇 $MIRA

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