【$JELLY Signal】Long! 1H Strong Short Squeeze, Continuous Capital Inflow
$JELLY The 1H timeframe is in a strong short squeeze phase, with price sharply rising along the 1H EMA20. The latest 4H candlestick shows a huge bullish close, indicating extremely strong bullish momentum. Although RSI has entered overbought territory, open interest remains stable, funding rates are mild, and buy-side depth far exceeds sell-side depth (depth imbalance 23.25%), suggesting this is driven by major institutional funds pushing the short squeeze, not retail FOMO. The 4H level has broken through all moving averages, confirming the trend. Currently, the price is in a brief consolidation, presenting a good opportunity to follow the trend and strike.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0840 - 0.0845 (Reason: Dynamic support zone at 1H EMA20, lower boundary of current consolidation )
🚀Target 1: 0.0890 (Reason: Based on recent wave 1:1 Fibonacci extension level )
🚀Target 2: 0.0950 (Reason: 1.618 Fibonacci extension level and key round number )
🛡️Trading Management:
- Position Size Suggestion: Light (Reason: Extremely high volatility, ATR reaches 4.9%, strict risk control needed )
- Execution Strategy: When price reaches 0.0890, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 0.0890, move the stop loss below 0.0840 to let profits run.
Depth Logic: This is a typical capital-driven short squeeze. The past 24 hours saw a 38% increase, but the funding rate is only 0.022%, indicating shorts are still passively holding positions and there is room for squeeze. Open interest remains stable, suggesting it’s not just retail profit-taking but new funds are entering. Although 1H RSI is high, there’s no divergence, and buy-side depth (bid_ask_ratio_depth: 1.61) shows strong support below. The core strategy is to follow the trend, enter during strong pullbacks, strictly cut losses, and aim to profit from the continuation of the squeeze.
Check real-time market 👇 $JELLY
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【$JELLY Signal】Long! 1H Strong Short Squeeze, Continuous Capital Inflow
$JELLY The 1H timeframe is in a strong short squeeze phase, with price sharply rising along the 1H EMA20. The latest 4H candlestick shows a huge bullish close, indicating extremely strong bullish momentum. Although RSI has entered overbought territory, open interest remains stable, funding rates are mild, and buy-side depth far exceeds sell-side depth (depth imbalance 23.25%), suggesting this is driven by major institutional funds pushing the short squeeze, not retail FOMO. The 4H level has broken through all moving averages, confirming the trend. Currently, the price is in a brief consolidation, presenting a good opportunity to follow the trend and strike.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0840 - 0.0845 (Reason: Dynamic support zone at 1H EMA20, lower boundary of current consolidation )
🛑Stop Loss: 0.0803 (Reason: Break below previous 1H candle low and psychological level 0.0800 )
🚀Target 1: 0.0890 (Reason: Based on recent wave 1:1 Fibonacci extension level )
🚀Target 2: 0.0950 (Reason: 1.618 Fibonacci extension level and key round number )
🛡️Trading Management:
- Position Size Suggestion: Light (Reason: Extremely high volatility, ATR reaches 4.9%, strict risk control needed )
- Execution Strategy: When price reaches 0.0890, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 0.0890, move the stop loss below 0.0840 to let profits run.
Depth Logic: This is a typical capital-driven short squeeze. The past 24 hours saw a 38% increase, but the funding rate is only 0.022%, indicating shorts are still passively holding positions and there is room for squeeze. Open interest remains stable, suggesting it’s not just retail profit-taking but new funds are entering. Although 1H RSI is high, there’s no divergence, and buy-side depth (bid_ask_ratio_depth: 1.61) shows strong support below. The core strategy is to follow the trend, enter during strong pullbacks, strictly cut losses, and aim to profit from the continuation of the squeeze.
Check real-time market 👇 $JELLY
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL