【$SPK Signal】Short squeeze rebound, long positions hidden

$SPK 1H timeframe surges then pulls back, 4H Bollinger Bands fully open, MACD double-cycle strong expansion. Market depth imbalance -24.41%, sparse bearish orders, buying pressure clearly dominant. Funding rate -0.12%, short positions face ongoing squeeze costs. This negative rate combined with strong sideways price movement often indicates a pre-squeeze buildup.

🎯Direction: Pullback to go long

⚡Entry/Order: Near the lower boundary of 0.03146 - 0.04492 range, current price 0.04515 slightly above, wait for a pullback.

🛑Stop loss: 0.02696

🚀Target 1: 0.04528

🚀Target 2: 0.04547

🛡️Trade management:
- Execution strategy: After reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price drops below the lower boundary of the entry zone immediately after entry, exit proactively without waiting for stop loss.

The 1H EMA20 at 0.0369 forms a dynamic support, resonating with the 4H midline at 0.0301. Although RSI_1h near 70 indicates short-term overbought, buying volume on the 4H timeframe continues to grow, clearly showing capital support intent. Open interest remains stable, with no signs of divergence indicating a pump-and-dump. The current risk-reward ratio is acceptable; patience is key for entry timing.

Check real-time market 👇 $SPK
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