#Gate蓝龙虾重磅上线 #伊朗在霍尔木兹海峡布设水雷 #原油价格回落 【$DEGO Signal】Short squeeze relay, 1H level strong rebound confirmation

$DEGO The 1H level experienced a massive rally and is now consolidating strongly at high levels, with the price consistently staying above the 1-hour moving average, refusing to undergo a deep correction. A towering pillar on the 4H level has established an upward trend. Current open interest remains stable, and the negative funding rate is as high as -0.356%, indicating that bears are still paying high costs, providing a solid foundation for the short squeeze to continue. Market depth shows substantial buy orders, with clear intentions from the main force to defend the price.

🎯Direction: Long

⚡Entry/Order: 0.7185 - 0.7370 (Patiently wait for a pullback to go long)

🛑Stop Loss: 0.6840

🚀Target 1: 0.9490

🚀Target 2: 1.0550

🛡️Trade Management:

- Execution Strategy: Divide the position into two batches, entering at the lower and upper bounds of the range. After reaching Target 1, reduce the position by 50% and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 2, consider holding some positions to seek greater gains.

Depth Logic: This is a classic short squeeze relay race. After a massive rally, open interest remains high, and the price consolidates without falling, indicating that new long funds are absorbing profit-taking orders rather than the main force offloading. Although the 1-hour RSI is in the high zone, there is no bearish divergence, and momentum remains healthy. The imbalance in market depth strongly favors buyers, with buy orders piled up below, providing a solid buffer for the price. Coupled with an extremely high negative funding rate, the need for short covering will continue to fuel the price rise. The core of the current strategy is to target a healthy 1-hour level pullback, not chasing highs.

View real-time market 👇 $DEGO

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