【$AGLD Signal】Short squeeze pullback, sniper for secondary impulse

$AGLD 1H timeframe has experienced over 50% violent surge and is currently in a high-level consolidation phase to digest gains. A towering bullish candle on the 4H chart has established a reversal trend, but the 1H RSI has entered overbought territory, making chasing the high extremely risky. The current market shows a typical pullback after a short squeeze, with funding rates as high as -1.18%, indicating that the bears are still being squeezed, which is potential bullish fuel. Open interest remains stable with no significant outflows, and the main force has not exited the market.

🎯Direction: Long (buy on dip)

🎯Entry/Order: 0.3400 - 0.3440 (Reason: The first pullback on the 1H chart supports the EMA20, which is also in the upper part of the large bullish candle )

🛑Stop loss: 0.3320 (Reason: Break below the previous consolidation low on the 1H chart and the ATR lower band )

🚀Target 1: 0.3650 (Reason: Breakout of previous high, testing intraday resistance )

🚀Target 2: 0.3800 (Reason: Based on the 1.618 Fibonacci extension of the upward wave )

🛡️Trade management:

- Position suggestion: Light position (Reason: Extremely high volatility, high-risk game )

- Execution strategy: Use phased entry, building positions in two batches within the support zone. After reaching Target 1, close 50% of the position and move the stop loss of the remaining position to the entry price. If the price strongly breaks through 0.356, consider adding once on the pullback.

Deep logic: This is a textbook short squeeze scenario. The extremely high negative funding rate indicates that many short positions are trapped, and any pullback could trigger short covering, pushing the price higher again. The 1H candlestick forms the first consolidation zone between 0.346-0.356, which is the boundary between strength and weakness. Market depth data shows buy orders (Bid) are far thicker than sell orders (Ask), with an imbalance rate of 8.39%, indicating strong support below. The key is whether the price can stabilize above the 1H EMA20 (0.2809); holding above suggests trend continuation, while breaking below may signal the end of this move.

View real-time market 👇 $AGLD

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