【$XNY Signal】Short squeeze structure, pullback to add longs

$XNY 1H level surges then pulls back, buy order depth far exceeds sell orders, capital support intentions fully exposed. 4H level MACD histogram continues to expand, price breaks above the Bollinger upper band, bullish momentum not exhausted.

🎯Direction: Pullback to go long

⚡Entry: Enter directly when the price retraces to the 0.00381 - 0.00452 range lower boundary.

🛑Stop loss: Below 0.00378, exit if broken.

🚀Target 1: 0.00454

🚀Target 2: 0.00456

🛡️Trade management:
- Execution strategy: After the price hits the first target, take half of the position profit, move the remaining stop loss up to the entry price. If the price cannot stabilize in the entry zone, abandon immediately.

Order book data shows that the total buy orders from level one to twenty far surpass the sell orders, with a depth imbalance ratio reaching 3.47 times, indicating extremely strong support below. Meanwhile, the funding rate remains positive, and open interest is stable. Under this structure, short covering could become the next driving force. The 1-hour RSI hovers around 70, indicating strong consolidation and no signs of exhaustion divergence. The current risk-reward ratio is not optimal, but the safety margin provided by market depth makes it worth a try.

Check real-time market 👇 $XNY
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