【$MIRA Signal】Short squeeze rebound, second rally imminent

$MIRA 1H timeframe has experienced a massive surge and is now consolidating strongly at high levels. The 4H timeframe shows a towering pillar breaking through all moving averages, indicating a trend has shifted to bullish. Currently, the 1H candlestick is stable above EMA20 (0.1039), and the negative funding rate (-0.0739%) combined with stable open interest (OI Stable) suggests shorts are still paying fees, and the short squeeze logic remains unchanged. The order book depth (Bid/Ask Ratio: 1.30) is significantly thick, providing support for the price.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1160 - 0.1170 (Enter near the current price directly, or wait for a slight pullback)

🛑Stop Loss: 0.1120 (Break below the 1H previous low and EMA50 support)

🚀Target 1: 0.1245 (Near the previous high)

🚀Target 2: 0.1300 (Extension after breaking the previous high)

🛡️Trade Management:

- Position suggestion: Light position (Reason: Intraday volatility has exceeded 37%, very high risk, but trend and structure support short-term trading)

- Execution strategy: After the price reaches 0.1245 (Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1170. If the price cannot hold above 0.1200 and falls back into the entry zone, consider actively exiting.

Depth logic: The 4H timeframe saw a massive surge at 16:00 on the 26th (trading volume 364M), a clear signal of main capital entering. Subsequently, the price consolidated at high levels, refusing deep correction, indicating strong momentum. The 1H RSI (69.98) pulled back from overbought but the price remains firm, indicating strong consolidation. Combined with negative funding rates and stable open interest, market expectations of a short squeeze are present. Large buy orders accumulate in the 0.1150-0.1160 zone below, forming a strong intraday support area.

View real-time market 👇 $MIRA

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