$ALICE Signal】Long + 1H Breakout and Retest Confirmation



$ALICE The 1H timeframe has just experienced a massive surge, with the price breaking through the upper boundary of the previous consolidation range. Currently, it is consolidating at high levels. A large bullish candle on the 4H chart has completely engulfed several days of decline, indicating a strong trend reversal signal. Combined with a significantly negative funding rate and stable open interest, there is a possibility of a short squeeze. The pullback presents an opportunity.

🎯Direction: Long (Long)

⚡Entry/Order: 0.142 - 0.143

🛑Stop Loss: 0.135

🚀Target 1: 0.155

🚀Target 2: 0.165

🛡️Trade Management:

- Execution Strategy: When the price reaches 0.155, reduce the position by 50% and immediately move the stop loss up to the entry price of 0.143. For the remaining position, aim for the second target. If the price retests and falls below the moving stop loss, exit all positions.

(Depth Logic: Although the 1H RSI is in the high zone, it has not become dull, indicating that momentum is still present. The key point is that while the price surged by 21%, open interest remained stable, suggesting that the move was not solely driven by short covering but also by new long positions entering the market. The buy-side depth in the order book between 0.14 and 0.142 is unusually thick, providing strong immediate support. The negative funding rate is as high as -0.5385%, making short positions very costly and creating conditions for a short squeeze. )

Check real-time market 👇 $ALICE

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #美国以色列突袭伊朗BTC短线跳水
ALICE17,1%
BTC-1,84%
ETH-1,42%
SOL-1,15%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)