【$SAHARA Signal】Short squeeze pullback, targeting a secondary rally

$SAHARA 1H timeframe has experienced a massive surge and is now consolidating strongly at high levels. A legendary bullish candle on the 4H chart confirms an uptrend. The current price retraces to the 1H EMA20 for initial support. Coupled with a -0.3568% deep negative funding rate, a typical short squeeze structure is brewing for a second push.

🎯Direction: Long (Long)

🎯Entry/Order: Current price around 0.02273 or in the 0.02230-0.02250 range, staggered entries

🛑Stop Loss: 0.02180 (below the previous 1H candle low and dense trading zone)

🚀Target 1: 0.02475 (near the previous high)

🚀Target 2: 0.02600 (extension level)

🛡️Trade Management:

- Position size recommendation: Light. The current volatility is high; strictly control risk exposure.

- Execution strategy: After reaching Target 1, take profit on 50% of the position, and move the stop loss on the remaining position up to the entry price. If the price strongly breaks through 0.02475 and stabilizes, consider trailing the remaining position to hold for greater gains.

Depth logic: 4H volume has surged dozens of times, a clear signal of main capital entering. Although RSI(1H) is at a high level of 74, in a short squeeze environment, high RSI normalization is normal. Key is the order book: bid depth (bid_ask_ratio_depth=1.11) is significantly thicker than ask, indicating strong support below. Open interest (OI) remains stable after the price surge, suggesting it’s not just short covering but also new long positions. The 1H chart is currently digesting profit-taking, making retracement an opportunity.

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