#Gate蓝龙虾重磅上线 #伊朗在霍尔木兹海峡布设水雷 #原油价格回落 $OXT Signal】Pullback to add longs + Short squeeze rebound



$OXT 1H timeframe experienced a massive rally, currently in a healthy pullback phase, with the price supported near the 1-hour EMA20 moving average, forming a strong consolidation platform. A single daily volume bullish candle on the 4H chart completely reversed the downtrend, confirming a bottom reversal structure. Currently, the negative funding rate is as high as -0.38%, with open interest remaining stable, indicating that bears are paying high costs. Once the price stabilizes, a short squeeze is highly likely.

🎯Direction: Long

⚡Entry/Order: 0.01639 - 0.01682 (Patience for pullback confirmation)

🛑Stop Loss: 0.01630

🚀Target 1: 0.01888

🚀Target 2: 0.01991

🛡️Trade Management:

- Execution Strategy: After reaching the first target at 0.01888, reduce position by 50%, and move the stop loss of the remaining position up to the entry price. If the price strongly breaks through the second target, consider holding part of the position to seek greater gains.

Depth Logic: Over the past 4 hours, the price broke out of a long-term consolidation zone with a massive volume, a clear signal of main capital entering the market. Although the buy-side ratio on the hourly chart has slightly decreased, order book data shows deep buy support below, with dense support levels. The 1-hour RSI is in a healthy zone and not overheated, leaving room for further upward movement. The combination of a negative funding rate and firm price action is a classic bullish signal for a short squeeze.

View real-time market 👇 $OXT

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