【$DOOD Signal】Pullback confirmed, 1H level short squeeze structure

$DOOD 1H level RSI soared to 86, price pushed above the upper Bollinger Band, but open interest remained stable, with a negative funding rate as high as -1.5%. A typical short squeeze structure is forming. The 4-hour MACD histogram continues to expand, with buying pressure breaking down but the price holding firm. Short covering pressure is accumulating.

🎯Direction: Long

⚡Entry/Order: Enter directly in the 0.002885 - 0.002900 range

🛑Stop Loss: 0.002900

🚀Target 1: 0.002827

🚀Target 2: 0.002798

🛡️Trade Management:
- Execution Strategy: Halve the position after reaching the first target, and move the remaining stop loss up to the entry price. If the price cannot hold above the entry zone and falls back, exit immediately.

Order book shows thick orders below 0.00323, indicating clear support intent. Despite overbought conditions on the 1-hour chart, in a negative funding rate environment, short positions are costly, and any small pullback could trigger chain liquidations, pushing the price higher. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use minimal position size to gamble on an inertial surge.

Check real-time market 👇 $DOOD
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