#我在Gate广场过新年 $COS 1H level has experienced a massive surge and is currently in a high-level consolidation phase to digest the gains. The 4H level confirmed a trend reversal with a single strong bullish candle. The current price is supported above the EMA20_1H (0.0011), which is a sign of strong consolidation. The key points are: a negative funding rate as high as -1.01%, yet the price remains firm and open interest (OI) is stable. This is a typical short squeeze structure, with bears paying high costs. Any pullback could trigger a secondary rally as shorts cover.

🎯Direction: Long (Long)
⚡Entry/Order: 0.001175 - 0.001185
🛑Stop Loss: 0.001145
🚀Target 1: 0.001250
🚀Target 2: 0.001320
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss up to the entry price of 0.001175. Use a trailing stop (e.g., 1H EMA20) for the remaining position to seek greater gains. If the price fails to hold above 0.001185 and turns downward, exit early.
(Depth Logic: The 1H RSI( is at 67.43), indicating a healthy, slightly strong zone without overheating, leaving room for upward movement. The order book depth shows a large number of sell orders stacked above 0.00120, which is a key resistance level. Once broken, it will accelerate upward. The buy depth at the 4H level in the 0.00117-0.00120 range is significantly thick, providing strong support for the price. Market logic suggests that the price increase is accompanied by stable holdings, indicating more of a main force protecting the market rather than purely short covering, which suggests higher sustainability. )
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