【$CTSI Signal】Pullback to add longs + Short squeeze logic (1H strong rebound, negative funding rate support)
$CTSI On the 1H timeframe, after a massive rally, a healthy pullback is currently underway. The price is holding above the EMA20 (0.0267) for initial support. On the 4H timeframe, a large bullish candle broke through the long-term consolidation zone, indicating a trend reversal to bullish. The current pullback presents an excellent second-entry opportunity. The negative funding rate (-0.0409%) indicates that bears are still paying fees, and if the price doesn't fall sharply, a short squeeze is highly likely.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0285 - 0.0288 (Reason: The EMA20 support zone on the 1H chart, also the middle-upper part of the large bullish candle)
🛑Stop Loss: 0.0275 (Reason: Break below the previous rally start point and the lower end of the dense trading zone)
🚀Target 1: 0.0303 (Reason: Previous high resistance, also the initial target on the 1H timeframe)
🚀Target 2: 0.0315 (Reason: Previous high on the 4H chart and the peak of this rally)
🛡️Trade Management:
- Position size suggestion: Light position (Reason: Intraday volatility is extremely high, strict risk control is necessary)
- Execution strategy: After reaching 0.0303, reduce position by 50% and move stop loss to entry price. Hold the remaining position to target 0.0315. If the price stalls around 0.0303, exit all positions.
Deep logic: Order book shows heavy buy orders below 0.0285 (order book imbalance -1.59%), forming strong support. Open interest remains stable and hasn't dropped significantly with the price pullback, indicating that bulls are not panicking and exiting. The 1H RSI (75.44) has retreated from overbought territory, leaving room for further upward movement. The core logic is to play the short squeeze under negative funding rates, with clear signs of main force supporting the market.
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【$CTSI Signal】Pullback to add longs + Short squeeze logic (1H strong rebound, negative funding rate support)
$CTSI On the 1H timeframe, after a massive rally, a healthy pullback is currently underway. The price is holding above the EMA20 (0.0267) for initial support. On the 4H timeframe, a large bullish candle broke through the long-term consolidation zone, indicating a trend reversal to bullish. The current pullback presents an excellent second-entry opportunity. The negative funding rate (-0.0409%) indicates that bears are still paying fees, and if the price doesn't fall sharply, a short squeeze is highly likely.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0285 - 0.0288 (Reason: The EMA20 support zone on the 1H chart, also the middle-upper part of the large bullish candle)
🛑Stop Loss: 0.0275 (Reason: Break below the previous rally start point and the lower end of the dense trading zone)
🚀Target 1: 0.0303 (Reason: Previous high resistance, also the initial target on the 1H timeframe)
🚀Target 2: 0.0315 (Reason: Previous high on the 4H chart and the peak of this rally)
🛡️Trade Management:
- Position size suggestion: Light position (Reason: Intraday volatility is extremely high, strict risk control is necessary)
- Execution strategy: After reaching 0.0303, reduce position by 50% and move stop loss to entry price. Hold the remaining position to target 0.0315. If the price stalls around 0.0303, exit all positions.
Deep logic: Order book shows heavy buy orders below 0.0285 (order book imbalance -1.59%), forming strong support. Open interest remains stable and hasn't dropped significantly with the price pullback, indicating that bulls are not panicking and exiting. The 1H RSI (75.44) has retreated from overbought territory, leaving room for further upward movement. The core logic is to play the short squeeze under negative funding rates, with clear signs of main force supporting the market.
Check real-time quotes 👇 $CTSI
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