【$BANK Signal】Short squeeze continues, buy on dip

$BANK The 1H timeframe price has broken out above the upper Bollinger Band, RSI has surged to 87, indicating initial signs of a buy-side order gap. The 4-hour MACD fast and slow lines are widening continuously, open interest remains stable, and funds have not exited. The order book shows strong buy walls around 0.0627, but a gap appears at 0.0629 on the sell side, fully exposing the main force's support intent. Under this structure, chasing the high directly greatly increases risk, but a deep correction presents an opportunity.

🎯Direction: Long(Order)

⚡Entry/Order: 0.04530 - 0.04647

🛑Stop Loss: 0.04300

🚀Target 1: 0.06033

🚀Target 2: 0.06727

🛡️Trade Management:
- Execution Strategy: After the order is filled, if the price reaches near Target 1, reduce half of the position; move the remaining stop loss up to the entry price. If the price cannot hold above 0.0585, consider exiting all positions.

Currently, the price is far from the 1-hour moving average, and the overheated momentum needs to be released. However, open interest has not decreased, and the funding rate is only 0.005%, indicating that large-scale short positions have not entered, and the short squeeze logic remains valid. The 0.045-0.046 zone below is the starting point of the previous hour’s volume surge and also the support zone of the 1-hour EMA20, showing strong willingness for funds to absorb. The risk-reward ratio exceeds 4, making it worthwhile to position for a secondary rally after a pullback.

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‍#四月行情预测 #加密市场普遍上涨 #金银同步走强