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【$IN Signal】Pullback to go long/short squeeze continuation
$IN 1H timeframe high-level strong consolidation, 4H Bollinger Bands widening significantly, price steadily above the upper band. MACD double-cycle golden cross, but 1-hour histogram begins to contract, momentum slightly slowing. Market depth shows buy orders are 2.5 times the sell orders, indicating clear capital support.
RSI surges to 86, overbought signal is glaring. Going all-in at this level is too risky with poor risk-reward. Wait for a pullback, look for opportunities to go long in the range of 0.06483 to 0.07787.
⚡Entry/Order: Enter in batches within the range of 0.06483 - 0.07787
🛑Stop loss: 0.06060
🚀Target 1: 0.07832
🚀Target 2: 0.07864
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect capital.
1-hour EMA20 and EMA50 form a bullish alignment, pullback acts as support. 4-hour breakout above previous high with increased volume, there is still inertia for upward push before the sell-off gap. Funding rates are extremely low, short-squeeze fuel is ample, a confirmed pullback could trigger a new round of short covering. Stable open interest indicates it’s not purely short-term speculation; some funds are locking in positions.
Check real-time market 👇 $IN
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