【$ATH Signal】Pullback to Add Long + Short Squeeze Rebound Play

$ATH 1H timeframe experienced a massive rally and is currently in a high-level consolidation phase to digest gains. The 4H timeframe saw a huge bullish candle break through the previous consolidation platform, indicating a trend reversal to bullish. Currently, the 1H RSI(69.72) has pulled back from the overbought zone, and the price has retested the EMA20(1H) for initial support. This is a typical strong coin's first pullback buy point. Combined with an extreme negative funding rate of -1.6196% and stable open interest (OI), short positions have very high entry costs, with potential for a short squeeze continuation.

🎯Direction: Long (Long)

🎯Entry/Order: 0.00575 - 0.00585, staggered entries within this range

🛑Stop Loss: 0.00555 (Break below the 1H breakout point with increased volume)

🚀Target 1: 0.00625 (Near previous high)

🚀Target 2: 0.00660 (Extended target based on ATR measurement)

🛡️Trade Management:

- Position size suggestion: Light position (Strict risk control in high volatility)

- Execution strategy: Use staggered entries, with average price around 0.00580. After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks above the previous high of 0.00637, move the remaining stop loss up to 0.00610 to seek greater gains.

Deep Logic: The past 4 hours saw a surge in trading volume, indicating large funds entering. Although the buy/sell ratio is neutral, the order book depth shows bid volume far exceeds ask volume, with a depth imbalance of 52.39%, indicating strong support below. The extremely high negative funding rate exerts significant pressure on shorts, and any small upward movement could trigger short covering and cause a second rally. The current strategy is to target a second entry opportunity after a strong pullback.

View real-time market 👇 $ATH

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