【$YGG Signal】Oversold Rebound Sniping! 1H RSI Divergence + Deep Short Squeeze Expectation
$YGG The 1H timeframe just experienced a waterfall decline, with RSI(1H) entering oversold territory(39.5) and showing signs of bullish divergence, while the 4H price has already touched the EMA50 strong support. Key signals: funding rate at -0.5% and stable open interest (OI), indicating a classic short squeeze setup. The sharp decline did not trigger a collapse in positions, and the bears are extremely crowded.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0440 - 0.0445 (Reason: Current price zone, potential rebound starting point on the 1H chart, close to the 4H EMA50 support at 0.0423)
🛑Stop Loss: 0.0430 (Reason: Breaking below the previous 1H candle low at 0.04391 and the 4H EMA50 support, indicating the bearish trend will continue)
🚀Target 1: 0.0472 (Reason: 1H EMA20 resistance, also the previous small platform)
🚀Target 2: 0.0490 (Reason: 4H previous high resistance zone, also yesterday’s upper boundary of the consolidation range)
🛡️Trade Management:
- Position Size Suggestion: Light (Reason: Extremely volatile, daily drop exceeds 8%, high-risk game)
- Execution Strategy: When price rebounds to 0.0465 (former 1H low turned resistance), consider reducing position by 30%, with remaining stop loss moved up to entry price. After reaching Target 1, move the stop loss of the remaining position up to 0.0455 to aim for Target 2.
Deep Logic: During the sharp decline, open interest remains high at around $135 million, and the funding rate is deeply negative, indicating a large accumulation of short positions. Sell-side depth in the 0.0440-0.0442 range is extremely thin (only a few thousand YGG), while buy-side depth below is very thick (26,000 YGG at 0.0440). Slight buying can trigger a rapid rebound, making a short squeeze highly likely. The divergence in 1H RSI combined with the 4H trend support creates an excellent short-term counterattack point.
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【$YGG Signal】Oversold Rebound Sniping! 1H RSI Divergence + Deep Short Squeeze Expectation
$YGG The 1H timeframe just experienced a waterfall decline, with RSI(1H) entering oversold territory(39.5) and showing signs of bullish divergence, while the 4H price has already touched the EMA50 strong support. Key signals: funding rate at -0.5% and stable open interest (OI), indicating a classic short squeeze setup. The sharp decline did not trigger a collapse in positions, and the bears are extremely crowded.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0440 - 0.0445 (Reason: Current price zone, potential rebound starting point on the 1H chart, close to the 4H EMA50 support at 0.0423)
🛑Stop Loss: 0.0430 (Reason: Breaking below the previous 1H candle low at 0.04391 and the 4H EMA50 support, indicating the bearish trend will continue)
🚀Target 1: 0.0472 (Reason: 1H EMA20 resistance, also the previous small platform)
🚀Target 2: 0.0490 (Reason: 4H previous high resistance zone, also yesterday’s upper boundary of the consolidation range)
🛡️Trade Management:
- Position Size Suggestion: Light (Reason: Extremely volatile, daily drop exceeds 8%, high-risk game)
- Execution Strategy: When price rebounds to 0.0465 (former 1H low turned resistance), consider reducing position by 30%, with remaining stop loss moved up to entry price. After reaching Target 1, move the stop loss of the remaining position up to 0.0455 to aim for Target 2.
Deep Logic: During the sharp decline, open interest remains high at around $135 million, and the funding rate is deeply negative, indicating a large accumulation of short positions. Sell-side depth in the 0.0440-0.0442 range is extremely thin (only a few thousand YGG), while buy-side depth below is very thick (26,000 YGG at 0.0440). Slight buying can trigger a rapid rebound, making a short squeeze highly likely. The divergence in 1H RSI combined with the 4H trend support creates an excellent short-term counterattack point.
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