【$DUSDT Signal】Short squeeze retracement, sniper for a second surge


$DUSDT 1H timeframe violent rally over 50%, the price directly breaks out of the upper Bollinger Band, RSI surges to 66.5. 4-hour MACD shows a bullish crossover below zero, histogram turns red and expands, after a gap in buying pressure, the price remains firm above 0.0105.

🎯Direction: Long

⚡Entry/Order: 0.01044 - 0.01046

🛑Stop Loss: 0.01020

🚀Target 1: 0.01120

🚀Target 2: 0.01200

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to the entry point. Hold the remaining position to aim for Target 2. If the price retraces and falls below 0.01030, exit all positions.

Order book depth shows significant buy-side support, with dense orders around 0.01042. Funding rate is -0.084%, indicating high costs for short positions and potential short squeeze fuel. 1-hour trading volume has surged dramatically, but open interest remains stable, suggesting this is not just a pump and dump but possibly new funds actively entering. The price has moved far away from the 1-hour EMA20, making chasing higher risky, but strong support below makes retracement an opportunity. Risk-reward ratio is close to 4:1, worth a try.

View real-time market 👇 $DUSDT
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
BTC0,3%
ETH0,21%
SOL2,01%
View Original
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
Add a comment
Add a comment
No comments
  • Pin