$BTR Signal】Short squeeze pullback, 1H level secondary upward opportunity



$BTR The 1H level has entered a healthy pullback after a sharp rise, with the price stabilizing around 0.216. The 4H upward trend remains intact, and in a negative funding rate environment, there is potential for a short squeeze. This is an excellent short-term secondary entry opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2160 - 0.2170 (Reason: 1H EMA20(0.2076) is in a strong consolidation zone above, with dense buy orders on the order book)

🛑Stop Loss: 0.2090 (Reason: Break below the previous 1H K-line low and half of the 4H bullish candle body, ATR stop loss)

🚀Target 1: 0.2267 (Reason: Previous high resistance, also the 0.618 Fibonacci extension on the 4H level)

🚀Target 2: 0.2370 (Reason: Historical high, 1.618 extension level)

🛡️Trade Management:

- Position size suggestion: Light (Reason: Up over 29% intraday, extremely high volatility)

- Execution strategy: After the price reaches 0.2267, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.2170. If the price cannot hold above 0.2200 and falls below 0.2150 again, exit early and wait on the sidelines.

Deep logic: The continuous volume increase of bullish candles on the 4H level confirms strength, with open interest(Open Interest) remaining high at around 100 million USD, indicating funds have not exited. The key point is the negative funding rate(-0.0292%), yet the price remains firm. This is a typical short squeeze structure—shorts pay fees but the price does not fall, and once buying pressure intensifies, it can trigger short covering and a squeeze. The 1H RSI(60.72) has healthy retraced from overbought territory, leaving room for another upward move. The order book depth shows sell orders stacked above 0.2172; breaking through this level could open up space.

Trade here 👇 $BTR

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