【$GWEI Signal】Short squeeze continues, pullback is a buying opportunity

$GWEI The 4H timeframe price has broken out of the Bollinger upper band, MACD histogram is still expanding, but the 1H timeframe buying momentum is beginning to shrink. The order book wall is extremely thick, with over 100k US dollars in buy orders stacked below 0.0678, clearly showing capital support. Liquidity is usually thin in the early hours of the weekend, making this depth imbalance easily exploitable.

🎯Direction: Buy on pullback

⚡Entry/Order placement: Between 0.05812 and 0.06757, prioritize anchoring around 0.0620

🛑Stop loss: 0.05443

🚀Target 1: 0.06793

🚀Target 2: 0.06820

🛡️Trade management:
- Execution strategy: Halve the position after the price reaches 0.06793, move the remaining stop loss up to the entry price. If it directly surges to 0.06820, exit all positions.

The 1H RSI is at 71.8, not yet in the extreme overbought zone, leaving room for further upside. Open interest remains stable, funding rate is only 0.005%, indicating no overheated leverage bubble. Under this structure, bears lack fuel, and any small dip will be quickly absorbed by the massive buy orders below. The risk-reward ratio isn't perfect, but the odds are clear, and market psychology favors using depth advantage to maintain price.

View real-time market 👇 $GWEI
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