$AZTEC Signal】Short squeeze continues, 1H level consolidating strongly, targeting a second surge



$AZTEC The 1H level has entered a strong sideways consolidation after a massive rally, with price staying close above EMA20(0.0245), refusing deep pullbacks. The 4H level shows the first high-volume breakout candle, indicating a strong trend. Market depth shows sell orders accumulating around 0.0295-0.0296, forming a short-term key resistance. Once broken, it will trigger a new round of short squeezing.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0292 - 0.0294 (Reason: 1H EMA20 dynamic support zone, current strong consolidation platform)

🛑Stop Loss: 0.0285 (Reason: Break below the lower boundary of the 1H consolidation and the previous hourly candle low)

🚀Target 1: 0.0305 (Reason: First psychological level after breaking through the order book sell pressure zone)

🚀Target 2: 0.0320 (Reason: 1.382 Fibonacci extension based on recent gains)

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Intraday gains have exceeded 47%, volatility is extremely high)

- Execution strategy: After price reaches 0.0305, reduce position by 50% and move stop loss to entry price 0.0294. Remaining position aims for target 2; if price retraces and falls below the trailing stop, exit all.

Depth logic: Over the past 4 hours, open interest(OI) remains stable at a high of 215 million, indicating funds have not exited. Coupled with positive funding rates, this shows bulls are still dominant. The 1H RSI is as high as 81.25, overbought but not exhausted, and can be maintained in strong momentum. Market depth imbalance of -7.25% indicates buy orders are slightly stronger than sell orders, providing immediate support. The core strategy here is to play the “air refueling” in a strong trend, using small pullbacks to enter and aiming for a second pulse.

Trade here 👇 $AZTEC

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #Gate广场发帖领五万美金红包
AZTEC24,63%
BTC4,79%
ETH6,85%
SOL9,58%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)