【$ZRO Signal】Long | Short squeeze confirmed, deep imbalance supports a second rally

$ZRO On the 4-hour chart, volume broke above the previous high of 2.184 with strong consolidation, currently forming a flag pattern above the breakout level.

🎯Direction: Long

🎯Entry: 2.35 - 2.38 (Retest of previous high support zone)

🛑Stop Loss: 2.18 (Break below previous high/breakout level, rigid stop loss)

🚀Target 1: 2.65

🚀Target 2: 2.90

Market analysis: A massive bullish candle appeared on the 4-hour chart (volume of 73.28 million), with the price jumping directly from 1.796 to 2.417, a classic short squeeze signal. Key data resonance: Funding rate -0.0731% (shorts paying), open interest stable, but price surged sharply, indicating a short squeeze rather than main force distribution.

Hardcore logic: Depth imbalance reached 13.72%, buy-side thickness significantly exceeds sell-side, showing strong support below. RSI reached 77.66, but in the context of negative funding rate + unchanged open interest, overbought signals are invalid, characteristic of a short squeeze. Price remains above EMA20 (1.863), trend structure intact.

Currently consolidating around 2.38 with sparse sell orders (thin Ask), indicating healthy cooling. Stop loss set below the breakout level; invalidation point is a break below the previous high. Risk-reward ratio >2.0, meeting mathematical advantage.

Trade here 👇 $ZRO

---

Follow me: Get more real-time analysis and insights into the crypto market!