【$YGG Signal】Pullback to Long + 1H strong consolidation, negative rate short squeeze expectation

$YGG The 1H timeframe experienced a massive surge yesterday and is currently consolidating strongly at high levels, with the price tightly hugging above the EMA20(0.0472). This is a classic sign of a strong correction. The 4H timeframe shows a towering pillar directly breaking through all moving averages, indicating a trend reversal to bullish. The key point is: the negative rate is as high as -0.4184%, while open interest remains stable, and the price refuses to dip deeply. This is a typical short squeeze (Short Squeeze) hotbed, with bears paying high costs, and any pullback fueling the bulls.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0475 - 0.0478 (Reason: 1H EMA20 support zone and the lower boundary of the consolidation platform )

🛑Stop Loss: 0.0464 (Reason: Break below yesterday’s breakout’s first 1H candle low and ATR lower band )

🚀Target 1: 0.0505 (Reason: Previous high resistance and 4H opening price )

🚀Target 2: 0.0520 (Reason: 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position suggestion: Light position to standard size (Reason: Trend is just forming, but volatility is extremely high )

- Execution strategy: When the price reaches 0.0505, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.0478. If the price strongly breaks through 0.0505 and stabilizes, consider targeting 0.0520 for the remaining position.

Deep logic: The order book shows an unusually thick buy depth below 0.0478, a clear sign of main force defending the price. The 1H RSI(57) has fallen back healthily from overbought territory, providing room for another upward move. The core driver is the negative rate short squeeze logic. As long as the price stays flat or dips slightly, bearish pressure will continue to accumulate, easily triggering a secondary surge. Market logic suggests ‘price rises combined with open interest,’ and since open interest remains stable, this is not just a simple bear trap but resembles a battle between new bulls building positions and bears resisting.

Check real-time market 👇 $YGG

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