【$CUSDT Signal】Short squeeze continues, pullback is an opportunity


$CUSDT One-hour level experienced a nearly 30% surge with high volume, and the price directly broke out of the upper Bollinger Band. The four-hour MACD fast and slow lines are widening, open interest remains high, but the funding rate is deeply negative, indicating significant cost pressure for short positions.

🎯Direction: Long

⚡Entry/Order: Accumulate long positions in the 0.0643 - 0.0660 range

🛑Stop loss: 0.0620

🚀Target 1: 0.0810

🚀Target 2: 0.0886

🛡️Trade management:
- Execution strategy: After reaching the first target, reduce half of the position, and move the remaining stop loss up to the entry price. If the price fails to hold above 0.0785 and falls back, consider taking some profits early.

Order book shows significant sell orders stacked above 0.0788, which is a short-term resistance zone that needs to be absorbed. But the key point is that in a negative fee environment, open interest has not decreased, indicating that shorts have not exited, and potential short squeeze fuel remains. The one-hour RSI has pulled back from overbought territory to a healthy zone, providing longs with a healthy retracement opportunity. The 0.064-0.066 area combines previous breakout levels and EMA support, making it an ideal second entry point. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use a small retracement risk to bet on trend continuation.

Check real-time market 👇 $CUSDT
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