#我在Gate广场过新年 $GRASS 1H level has experienced a violent surge of over 30% yesterday and is currently consolidating strongly at a high level. The key point is that the price is moving sideways around 0.283, with the 1H candlestick firmly above the EMA20 (0.2407) and EMA50 (0.2251), which are features of a strong consolidation. The 4H level has established an upward trend with a large bullish candle, and the current candlestick is a high-level doji star, indicating a continuation pattern in the upward movement. Negative funding rate (-0.0076%) combined with stable open interest suggests potential short squeeze, as short positions have high costs.


🎯Direction: Long (Long)
⚡Entry/Order: Enter in batches within the 0.2800 - 0.2820 range
🛑Stop Loss: 0.2680
🚀Target 1: 0.2980
🚀Target 2: 0.3150
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss up to the entry price of 0.2820. If the price strongly breaks through 0.2980 and stabilizes, you can retain part of the position to aim for Target 2.
(Depth Logic: The 1H RSI reaches as high as 77.81, indicating overbought conditions, but momentum in Hot Coin often remains high. Market depth shows bid volume far exceeds ask volume, with an imbalance of 8.55%, indicating strong support below. The 4H buy/sell ratio stays above 0.5, showing dominance of buying. Combined with the negative fee rate, this is a typical "rising + steady positions + negative fee" short squeeze structure. Major players are clearly protecting the market, and pullbacks are opportunities to enter. )
View real-time quotes 👇$GRASS $BTC $ETH ‌ ‌ ‌
BTC5,07%
ETH7,41%
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