【$SAHARA Signal】Short squeeze relay, continue upward movement after 1H pullback confirmation

$SAHARA The 1H timeframe has experienced a significant rally and is currently in a strong consolidation at high levels, with the price closely following the 1H EMA20 moving average, forming a typical strong pullback and accumulation structure. The 4H timeframe has confirmed a breakout of the previous consolidation platform, indicating a bullish trend. The key points are: the negative funding rate is as high as -0.08%, while open interest remains stable, and the price refuses to undergo a deep correction. This is a typical short squeeze characteristic, with bears paying high costs, and any pullback fuels the bulls.

🎯Direction: Long (Long)

⚡Entry/Order: 0.02656 - 0.02715 (Patience is required to wait for the pullback within this optimal zone, strictly avoid chasing highs)

🛑Stop Loss: 0.02530

🚀Target 1: 0.03050

🚀Target 2: 0.03280

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss up to the entry price. Use a trailing stop (such as 1H EMA20) to follow the remaining position, aiming for a larger trend. If the price cannot hold above the upper boundary of the entry zone, abandon this trade.

Deep Logic: Market logic suggests that price increases should be evaluated in conjunction with open interest. Currently, open interest is stable, and the price remains firm, ruling out purely bearish pressure. It appears more like the main force actively defending the market and absorbing buy orders in a negative funding rate environment, easing selling pressure for subsequent upward moves. The 1-hour RSI has healthily retreated from high levels to around 65, providing room for another upward push. The order book shows buy orders are much thicker than sell orders, with dense support below, limiting the scope for a deep correction. The volume-increasing bullish candle on the 4H chart has set the tone, and a short-term pullback is an opportunity.

Check real-time market 👇 $SAHARA

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