【$STRK Signal】1H Oversold Rebound Trading, Sniping Short Squeeze Opportunity
$STRK The 1H timeframe is forming a micro platform around 0.0485, RSI(1H) hits 40.24 indicating oversold conditions. Although the 4H timeframe is in a downtrend channel, open interest remains stable with negative funding rates, suggesting a short squeeze rebound opportunity. The current price is testing the 1H EMA20(0.0492) resistance; a breakout would confirm a short-term momentum reversal.
🚀Target 1: 0.04980 (Reason: Previous small cycle high on 4H and EMA20 resistance)
🚀Target 2: 0.05050 (Reason: Upper band of 4H downtrend channel and Fibonacci 0.382 retracement level)
🛡️Trade Management:
- Position Size: Light (Reason: 4H trend remains bearish; this is a counter-trend rebound with higher risk)
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price 0.04885. Hold remaining position for Target 2; if price retraces into entry zone with no momentum, exit all.
Deep Logic: Order book shows sell orders stacking above 0.0488, but buy depth around 0.0486-0.0485 is unusually thick, indicating funds are supporting the price. Open interest remains stable during the decline, not panic selling, combined with negative funding rates, suggesting potential for a short squeeze. The 1H RSI shows early divergence; if volume expands, a rebound is likely. The key is whether the price can hold above 0.0492 and attract follow-up buying.
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【$STRK Signal】1H Oversold Rebound Trading, Sniping Short Squeeze Opportunity
$STRK The 1H timeframe is forming a micro platform around 0.0485, RSI(1H) hits 40.24 indicating oversold conditions. Although the 4H timeframe is in a downtrend channel, open interest remains stable with negative funding rates, suggesting a short squeeze rebound opportunity. The current price is testing the 1H EMA20(0.0492) resistance; a breakout would confirm a short-term momentum reversal.
🎯Direction: Long (Long)
🎯Entry/Order: 0.04885 - 0.04900 (Reason: Break above 1H EMA20 resistance and stabilize, confirming buying interest)
🛑Stop Loss: 0.04835 (Reason: Break below recent 1H platform low and ATR lower band)
🚀Target 1: 0.04980 (Reason: Previous small cycle high on 4H and EMA20 resistance)
🚀Target 2: 0.05050 (Reason: Upper band of 4H downtrend channel and Fibonacci 0.382 retracement level)
🛡️Trade Management:
- Position Size: Light (Reason: 4H trend remains bearish; this is a counter-trend rebound with higher risk)
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price 0.04885. Hold remaining position for Target 2; if price retraces into entry zone with no momentum, exit all.
Deep Logic: Order book shows sell orders stacking above 0.0488, but buy depth around 0.0486-0.0485 is unusually thick, indicating funds are supporting the price. Open interest remains stable during the decline, not panic selling, combined with negative funding rates, suggesting potential for a short squeeze. The 1H RSI shows early divergence; if volume expands, a rebound is likely. The key is whether the price can hold above 0.0492 and attract follow-up buying.
Trade here 👇 $STRK
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