【$BTR Signal】Long! 1H strong breakout, funding long squeeze in progress

$BTR The 1H timeframe just made a strong breakout above the previous high of 0.199 and hit a new all-time high, with extremely strong momentum. The 4H timeframe shows consecutive volume-increasing bullish candles, clearly indicating an upward trend. Currently, the price is oscillating near the historical high, typical of a consolidation after a breakout. Open interest remains stable, funding rates are moderate, and the long squeeze logic is valid.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2180 - 0.2200 (Reason: Pullback after breakout confirms the area, which is also the lower boundary support of the current consolidation zone )

🛑Stop Loss: 0.2065 (Reason: Break below the low of the previous 1H bullish candle and below ATR(0.019)lower band )

🚀Target 1: 0.2350 (Reason: Based on the breakout structure’s 1.272 Fibonacci extension level )

🚀Target 2: 0.2500 (Reason: Psychological round number, also near the 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position suggestion: Light position (Reason: Price is at an absolute high, volatility is intense, and risk is very high )

- Execution strategy: Use aggressive management. After reaching 0.2350, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.2180. If the price strongly breaks through 0.2350 and stabilizes, move the stop loss up to 0.2280 to continue holding for target 2.

Deep logic: This is a typical capital-driven breakout. Volume on the 4H timeframe surged, and bid-ask depth (bid_ask_ratio_depth=1.34) shows strong demand. Although the 1H RSI(84.46) is in overbought territory, in Hot Coin’s short squeeze environment, overbought conditions can persist. The key point is that open interest remains stable rather than decreasing, indicating that longs have not been largely profit-taking, and major players may be aiming higher. The order book shows dense buy orders at 0.2190-0.2192, forming immediate support.

Trade here 👇 $BTR

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