【$RECALL Signal】Long | Healthy Pullback After Short Squeeze Initiation

$RECALL After experiencing a more than 30% violent surge, the price is performing a healthy pullback above the key breakout level. The 4H timeframe shows a volume expansion followed by a decrease in volume consolidation, which is a typical chip reset after a short squeeze rather than a top.

🎯Direction: Long

🎯Entry: 0.0490 - 0.0500

🛑Stop Loss: 0.0475 (Rigid stop loss, below the previous breakout candle low and EMA20 support)

🚀Target 1: 0.0540

🚀Target 2: 0.0580

Market Analysis: The price has strongly broken through the long-term downtrend line and EMA20 resistance. The key signal is that, despite the large increase, the funding rate remains negative (-0.0115%), and open interest remains stable. This is a typical short squeeze structure, with bears still resisting, fueling the subsequent rally.

Hardcore Logic: The depth chart shows buy orders (Bids) stacked far thicker than sell orders (Asks), especially forming a strong support wall in the 0.0500-0.0501 range. The 4H RSI has healthy retraced from overbought territory to 61, with no bearish divergence. The current pullback level is exactly at the upper boundary of the previous breakout zone (0.049-0.050), forming natural support.

Risk Control Core: Set stop loss at 0.0475, below the last 4H bullish candle low before the breakout, which is also the dynamic support of EMA20. If the price falls below, the breakout logic invalidates. The risk-reward ratio is greater than 1:2, aligning with mathematical advantage.

Trade here 👇 $RECALL

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