【$CLANKER Signal】Short squeeze continues, depth imbalance supports pullback for long entry

$CLANKER After a violent surge, the price consolidates strongly at high levels with heavy buy orders accumulating. This is a healthy reset typical of a short squeeze market.

🎯Direction: Long

🎯Entry: 36.30 - 36.60

🛑Stop Loss: 34.80 (Rigid stop loss, break below previous low and EMA20 support)

🚀Target 1: 39.50

🚀Target 2: 43.60

Hardcore logic: After a volume breakout on the 4H chart, the price remains above EMA20(33.91), confirming the trend. The key data: Funding rate -0.0074% is negative, but open interest(OI) remains stable. This is a typical short squeeze structure, where shorts are still paying fees rather than the main force distributing.

Market analysis: Order book depth is imbalanced -15.71%, buy orders significantly thicker than sell orders, especially in the 36.70-36.75 range with massive buy orders stacking up, indicating institutional support at key levels. RSI at 59.87 is in a healthy zone, no overbought divergence. ATR is 3.31, making stop loss placement reasonable, with a risk-reward ratio >2.

Overall judgment: Negative funding rate + stable OI + deep buy support make a pullback to 36.30-36.60 (above previous breakout zone and dense buy orders) a low-risk long opportunity. Targets are the previous high and liquidity zones above.

Trade here 👇 $CLANKER

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