【$GUSDT Signal】Short squeeze continues, dip to buy


$GUSDT 1H timeframe shows violent rally followed by consolidation at high levels, with the 4-hour Bollinger Bands fully expanded, and the price firmly above the upper band. The hourly RSI has surged to 84, indicating strong buying momentum, but a healthy pullback is needed to digest profit-taking.

🎯Direction: Long

⚡Entry/Order: Buy in batches within the 0.003500 - 0.003582 range

🛑Stop Loss: 0.003450

🚀Target 1: 0.003910

🚀Target 2: 0.004074

🛡️Trade Management:
- Execution Strategy: After the price hits the first target, reduce half of the position, and move the remaining stop loss up to the entry price. If the price fails to stay above 0.00358 and falls below again, abandon this trade.

Order book depth shows significant buy orders below 0.0040, indicating strong support from funds. Open interest remains stable after the rally, with no signs of large-scale profit-taking, which usually suggests that the main players have not exited. Coupled with a funding rate as high as -1.14%, indicating that shorts are still passively paying costs, fueling the potential for a short squeeze. In this environment, patience for a shallow correction offers a better risk-reward ratio than chasing highs.

View real-time market 👇 $GUSDT
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate金手指 #国际油价走高 #BTC能否守住6.5万美元? $BTC $ETH $SOL
BTC-1,54%
ETH-1,38%
SOL-3,92%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin