【$COS Signal】Pullback Long + Short Squeeze Continuation

$COS 1H level is currently consolidating at a high after an epic surge. The 4H level giant bullish candle has established a bull setup, but 1H RSI has entered overbought territory, and the current price is far from 1H EMA20, making direct chasing extremely risky. However, the key signal is: open interest remains stable after the surge, and the funding rate is as high as -1.56%, which is a typical short squeeze structure. Shorts are still paying massive fees, and once the price pulls back, it will easily trigger a new round of short covering buy orders.

🎯Direction: Long (pending orders on pullback)

⚡Entry/Pending Orders: 0.001261 - 0.001293 (patiently wait for price to retrace to 1H EMA20 and previous breakout platform area)

🛑Stop Loss: 0.001100

🚀Target 1: 0.002067

🚀Target 2: 0.002454

🛡️Trade Management:
- Execution Strategy: Divide position into two batches, enter in stages within the pending order range. Reduce position by 50% upon reaching Target 1, and move the stop loss of remaining position to entry price. If price rallies directly without touching the pending order range, abandon this trade and never chase.

Deep Logic: This is a typical technical pullback opportunity following a short squeeze. 4-hour trading volume surged dozens of times, a clear signal of major fund entry. Although 1-hour buy depth is temporarily imbalanced, the massive negative funding rate indicates short positions remain large, providing fuel for subsequent rallies. Price needs a healthy pullback to digest overbought indicators and attract new long entries. The suggested entry range is exactly the resonance zone between 1H trend support and 4H breakout candle body, with superior risk-reward ratio.

View Live Chart 👇 $COS
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