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【$ZRO Signal】Short squeeze pullback, long position sniper
$ZRO 4H timeframe price has broken above the upper Bollinger Band, 1H RSI soared to 73.39, indicating a buying gap. But open interest remains stable, funding rate is negative, a typical short squeeze structure. The buy wall in the 2.066-2.068 area below is very thick, quickly absorbing selling pressure.
🎯Direction: Long
⚡Entry/Order: 2.066 - 2.070
🛑Stop Loss: 1.901
🚀Target 1: 2.183
🚀Target 2: 2.295
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
1H MACD histogram is contracting, short-term momentum is slowing, providing a good opportunity for a pullback buy-in. 4H MACD double lines just crossed above zero, trend momentum is still in early stages. Market depth shows sparse sell orders, resistance above 2.069 is weak. Once the breakout occurs through the sell wall area, the upside space is fully open. In a negative funding rate environment, short positions' cost continues to rise, fueling the subsequent rally.
View real-time market 👇 $ZRO
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