【$SAPIEN Signal】Long! 1H Strong Breakout, Funding Longs in Progress

$SAPIEN 1H level just broke above previous high with volume and stabilized above EMA20, momentum is very strong. The 4H chart has formed three consecutive bullish candles, breaking through the recent consolidation upper band, indicating a trend reversal to bullish. Negative funding rate + firm price action, a typical short squeeze structure is forming, short-term explosive potential is expected.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0965 - 0.0970 (Reason: 1H EMA20 dynamic support zone, confirmed after breakout )

🛑Stop Loss: 0.0940 (Reason: Break below previous 1H candle low and 4H breakout structure )

🚀Target 1: 0.1000 (Reason: Psychological whole number and previous high )

🚀Target 2: 0.1040 (Reason: 1.618 Fibonacci extension based on recent wave high )

🛡Trade Management:

- Position size suggestion: Light position (Reason: Hot Coin has high volatility, strict risk control needed )

- Execution strategy: When price reaches 0.1000, reduce position by 50% to lock in profits, and move the remaining stop loss up to entry price 0.0965. If the price strongly breaks above 0.1000 and stabilizes, consider targeting 0.1040 for the remaining position.

Deep logic: The open interest over the past 4 hours (OI) remains stable, but the price has surged 12.5%, driven by typical short covering (short squeeze). Market depth shows strong buying power, with minimal bid-ask spread, ample liquidity. The 1H RSI is at 68.5, not yet overbought, leaving room for further upside. Coupled with negative funding rates, short positions face high costs, further increasing short squeeze risk.

View real-time market 👇 $SAPIEN

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