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【$TRADOOR Signal】Long squeeze, 1H level pullback confirmation completed
$TRADOOR 1H level RSI surged above 72, buying pressure continues to push higher, price tightly hugging the upper Bollinger band. The 4H MACD histogram is still expanding, but the 1H histogram has started to contract, indicating short-term momentum is slightly slowing down. Market data shows buy order depth significantly exceeds sell order depth, fully exposing the capital support intent.
🎯Direction: Long
⚡Entry: Enter immediately around the current price of 5.474, or place a pending order around 5.447.
🛑Stop Loss: 3.725
🚀Target 1: 5.483
🚀Target 2: 5.504
🛡️Trade Management:
- Execution strategy: After the price reaches 5.483, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 5.48, consider exiting all positions.
Currently, the funding rate is as high as 0.24%, and open interest remains stable. Under this structure, short covering pressure continues to exist. The 1-hour candlestick has completed a pullback above 5.14, with selling pressure quickly absorbed, indicating bullish active attack. The risk-reward ratio isn't perfect, but the short squeeze logic is clear, making it worthwhile to use a small stop loss to attempt a breakout of the thin resistance zone above.
Check real-time market 👇 $TRADOOR
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