【$CHIP Signal】Long position with a strong breakout on the 1H timeframe, short squeeze in progress

$CHIP The 1H timeframe price has already broken above the upper Bollinger Band at 0.1351, and the 4H MACD histogram continues to expand, indicating buying momentum has not weakened. Market depth is imbalanced at -23.97%, with sell orders significantly thin, combined with a negative funding rate of -0.1896%, indicating a short squeeze structure is forming. In this environment, prices are often rapidly driven up in liquidity vacuum zones.

Current price at 0.13459, go long directly, with a stop below 0.13284. First target at 0.14011, second target at 0.14253.

After reaching the first target, halve the position, and move the remaining stop-loss up to the breakeven point. If the price falls back into the entry zone, it indicates the breakout has failed, and you should exit decisively. The current risk-reward ratio is close to 2, which is acceptable. Hot Coin's short squeeze market is often swift but short-lived; holding time should not be too long, quick trades are key.

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