【$BTR Signal】Long | Healthy Consolidation After Short Squeeze

$BTR After a single-day surge of over 50%, the price consolidates within a narrow range at high levels. This is a typical healthy reset after a short squeeze, not a top.

🎯 Direction: Long

🎯 Entry: 0.1360 - 0.1380

🛑 Stop Loss: 0.1300 ( Break below previous low and EMA20 support, rigid stop loss )

🚀 Target 1: 0.1500

🚀 Target 2: 0.1580

Market Analysis: After breaking out, the price consolidates strongly within the 0.135-0.148 range. The key bullish logic is: 1) Funding rate is only 0.005%, far from dangerous levels, low short squeeze risk. 2) Open interest (OI) remains stable, with no signs of major players closing positions. 3) 4H buy ratio stays above 0.52, indicating good buy absorption. 4) Order book depth imbalance reaches 4.27%, with buy orders significantly thicker than sell orders, showing clear institutional support.

Hardcore Logic: The current price remains firmly above EMA20 (0.1135), with a solid trend structure. Although RSI is high at 72.69, in a short squeeze scenario, overbought conditions are not a reason to short. ATR indicates increased volatility, but the price has not broken below the key support at 0.135 (former high turned support).

Overall, this is a classic “short squeeze - consolidation - breakout” scenario. Before any signs of major players offloading (OI decline + high funding rate), any healthy pullback is a good opportunity to go long. Risk management is placed below the logical failure point at 0.1300.

Trade here 👇 $BTR

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