【$SAHARA Signal】Long + 1H Level Short Squeeze Continues

$SAHARA The 1H level has entered a high-level consolidation after a massive rally, which is a typical phase of short squeeze followed by profit-taking. The 4H level saw a huge bullish breakout after nearly a month of consolidation, indicating a trend reversal. The key point is: the funding rate is as high as -1.64%, making short positions very costly, yet the price remains resilient under such negative funding rates, and open interest (OI) remains stable. This is a typical short squeeze characteristic, with short covering buy orders serving as potential fuel.

🎯Direction: Long (Long)

🎯Entry/Order: 0.02055 - 0.02070 (Gradually enter around the current price)

🛑Stop Loss: 0.01980 (Break below the previous 1H candle low and EMA20_1H support)

🚀Target 1: 0.02180 (Resistance near previous high)

🚀Target 2: 0.02300 (Previous high area on the daily chart)

🛡️Trade Management:

- Position suggestion: Light position (Reason: Intraday increase has exceeded 37%, volatility is very high, risk first)

- Execution strategy: Use partial profit-taking. After reaching Target 1, reduce position by 50%, and move the remaining position’s stop loss up to the entry price. If the price strongly breaks through 0.02185, move the remaining stop loss up to 0.02100 to aim for Target 2.

Deep logic: This is not an ordinary rebound. 4H volume surged, with buyers dominating. Although the 1H RSI is high (87), in a short squeeze environment, it can remain dulled for a long time. The order book shows sell orders (above 0.02077) are significantly thicker than buy orders, but the price has not fallen, indicating active buy orders are continuously absorbing sell orders, with clear main force support. Coupled with extremely negative funding rates, the risk of a short squeeze remains. Any small pullback could trigger short stop-loss orders, pushing the price higher again.

View real-time market 👇 $SAHARA

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