【$GWEI Signal】Short squeeze continues + 1H level strong consolidation, targeting a secondary surge

$GWEI The 1H level has entered a strong sideways consolidation after a 40% surge, with the price staying firmly above the EMA20 (0.0411). This is a typical bullish accumulation signal. The 4H level has formed a volume breakout structure. Although RSI is high, there is no divergence, and stable OI indicates that funds have not withdrawn. This is a continuation characteristic of the short squeeze market, not the end.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0508 - 0.0510

🛑Stop Loss: 0.0485

🚀Target 1: 0.0550

🚀Target 2: 0.0600

🛡️Trade Management:
- Position suggestion: Light position
- Execution strategy: When the price reaches 0.0550, reduce position by 50% and move the stop loss up to the entry price of 0.0510. For the remaining position, aim for higher targets. If the price pulls back and falls below 0.0510, exit all remaining positions.

Deep Logic: Market data shows that the short squeeze is still ongoing. The 1H RSI is as high as 86.6, but the price refuses to undergo a deep correction. The bid-ask depth ratio (bid_ask_ratio_depth: 0.97) is relatively healthy, indicating strong support. The key point is that OI remains stable after the price surge, not decreasing, suggesting this is not just retail FOMO. Major funds may still be active in the market. The 1-hour candlestick forms a dense trading zone around 0.0509, serving as a new dynamic support. Combined with a positive funding rate (0.0350%) and persistent buying, market sentiment favors continuing the short squeeze.

View real-time market 👇 $GWEI

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