【$IN Signal】Short squeeze long pursuit / Extremely overbought, final push in betting

$IN 1H level violent surge over 30%, RSI soared to 89, 4H Bollinger Band upper band was directly broken through. Buying depth appears balanced, but the price has already deviated far from the moving averages. Such an overbought level requires extreme caution regarding risk-reward ratio, either betting on inertia to push higher or waiting for cooling down.

🎯Direction: Aggressive long pursuit / Place orders to catch the pullback

⚡Entry / Orders: Try a small position at the current price around 0.102, or place a pending order around 0.0686 to catch the pullback.

🛑Stop loss: 0.0623

🚀Target 1: 0.0813

🚀Target 2: 0.0877

🛡️Trade management: - Execute strategy: If entering at the current price, reduce more than half of the position near Target 1. If the pending order is filled, hold until Target 2. Under any circumstances, if the price falls back to the entry level, exit unconditionally.

1H MACD is still expanding, but the histogram shows signs of convergence. The volume on the 4H level has expanded significantly, a typical sign of hot money inflow, but its sustainability is questionable. Open interest remains stable rather than soaring, indicating it’s not purely driven by bullish leverage, but more like a short squeeze caused by spot buying. The space above is highly compressed, and support below is seen at the 1H EMA50 around 0.0681. In this position, small positions bet on the direction, with large stop-loss to chase the space as the only option.

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