【$Q Signal】Long | Healthy Pullback After Short Squeeze Initiation

After a single-day surge of 19%, the price consolidates within a narrow range below the previous high resistance level. This is a typical healthy reset after a short squeeze, not a top.

🎯 Direction: Long

🎯 Entry: 0.02210 - 0.02240

🛑 Stop Loss: 0.02160 $Q Rigid stop loss, break below the previous 4H low and EMA20 support (

🚀 Target 1: 0.02380

🚀 Target 2: 0.02550

Market Analysis: The price has strongly broken above EMA20 and stabilized, with open interest steady at a high of 425 million, indicating funds have not exited. The key data point is the funding rate at only 0.0174%, far from dangerous levels, ruling out the possibility of major players pushing the price up to dump.

Solid Logic: The current pattern is a consolidation after a standard short squeeze. RSI is at 76 but shows no bearish divergence, and the bid/ask ratio (1.46) is significantly higher than the ask, indicating strong support below.

The price encounters selling pressure near 0.0226 from previous highs, but the pullback volume diminishes, and the 4H buy/sell ratio remains above 0.5, indicating healthy turnover. The entry zone is at the Fibonacci 0.382 retracement level (0.0221) combined with the dynamic support of the 4H EMA20, with a risk/reward ratio >2.5.

Trade here 👇 )
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