【$B Signal】1H Strong Breakout, Short Squeeze in Progress

$B 1H Level Strong Rally, Price has broken above previous high and stabilized above EMA20, momentum is very strong. The 4H level has formed three consecutive bullish candles, confirming a trend reversal. The current price is 0.1632, RSI on the 1H chart is as high as 79.21, in overbought territory but not yet exhausted. Combined with stable open interest and deep buy orders, this is a typical short squeeze scenario, with the main force still in the market.

🎯Direction: Long (Long)

🎯Entry/Order: Enter in batches within the current price range of 0.1630 - 0.1640.

🛑Stop Loss: 0.1580 (Based on the previous 1H low and ATR)

🚀Target 1: 0.1720 (Previous daily resistance level)

🚀Target 2: 0.1800 (Psychological level and 4H Fibonacci extension)

🛡️Trade Management:

- Position Size Recommendation: Light (Reason: RSI is overbought, increasing risk of chasing highs, but trend remains strong)

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price of 0.1630. Hold the remaining position to aim for Target 2. If the price falls below the trailing stop, exit all.

Deep Logic: The price surged violently from 0.1369 on the 4H chart, with open interest remaining stable during the move, indicating it’s not just a simple short squeeze but also driven by new funds entering the market. The order book shows a large accumulation of sell orders around 0.1650, which is a key resistance. Once broken, it will accelerate. Although the 1H RSI is high, in a hot coin short squeeze scenario, overbought conditions can persist. Open interest remains stable, funding rate is only 0.005%, with no excessive selling pressure, indicating a healthy bullish environment.

View real-time market 👇 $B

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