【$AKT Signal】Short squeeze rebound continues, go long on 1H confirmation after pullback

$AKT The 1H timeframe has experienced a massive rally and is currently in a high-level consolidation phase to digest gains. A single strong bullish candle on the 4H chart has directly reversed the downward trend, with the price now stabilizing above EMA20 and EMA50, indicating a bullish trend. The current 1H RSI(72.78) is relatively high, but the funding rate of -0.0782% shows that bears are still paying the fee. Combined with stable open interest, there is potential for the short squeeze to continue. The order book shows buy-side depth (below 0.345) significantly thicker than sell-side (above 0.3465), with strong support below.

🎯Direction: Long (Long)

🎯Entry/Order: 0.3440 - 0.3460 (Reason: Pullback to 1H EMA20 support zone and dense area of previous hour’s low points)

🛑Stop loss: 0.3380 (Reason: Break below the start of the 4H bullish candle and ATR(0.0114) below)

🚀Target 1: 0.3600 (Reason: Resistance at previous hour’s high)

🚀Target 2: 0.3750 (Reason: Resistance at previous daily high zone)

🛡️Trade management:

- Position suggestion: Light position (Reason: Daily gains are significant, volatility is extremely high)

- Execution strategy: After price reaches 0.3600, reduce position by 50% and move stop loss up to entry price 0.3460. Hold remaining position for the second target; if price falls back to 0.3460, close all positions.

Depth logic: The trading volume in the past 4 hours has exploded, indicating clear signs of main capital entering. Negative funding rate combined with rising price and stable open interest forms a classic short squeeze setup. On the 1H level, wait for RSI to moderate from overbought territory; a pullback to above EMA20 at 0.3251( will be an excellent second entry opportunity. The buy-side order book stacking up to 0.345 provides a solid buffer for the price.

View real-time market 👇 )
---

Follow me: Get more real-time analysis and insights into the crypto market! $AKT
$BTC $ETH