$LINEA experienced a single-day surge of 27%, followed by a volume-reduced pullback on the 4H level. This is a typical healthy reset after a short squeeze, rather than a peak.
🎯 Direction: Go long
🎯 Entry: 0.00375 - 0.00380
🛑 Stop Loss: 0.00353 (break below the previous 4H candlestick body low, rigid stop loss)
🚀 Target 1: 0.00412 (previous high)
🚀 Target 2: 0.00440 (Fibonacci 1.618 extension)
Core Logic: The price has strongly broken through and stabilized above EMA20 (0.0034), confirming a short-term trend reversal. The core driving force is a deep negative funding rate (-0.2972%) combined with stable open interest (OI), which constitutes a textbook short squeeze structure, with bears still being forced to close positions.
Market Analysis: 4H level volume-price shows that after the last large bullish candlestick, the pullback volume has shrunk, and the depth of buy orders (Bids) is significantly thicker than sell orders (Asks), with an imbalance reaching 12.47%, indicating strong institutional buying support below. RSI (65.57) has healthily pulled back from the overbought zone, gathering strength for a second upward attack.
Risk Control Insight: The stop loss is set below the bottom of the large initiating bullish candlestick to avoid being washed out by a normal pullback. The risk-reward ratio (R:R) > 2.5, showing significant mathematical advantage. This is a trend-following pullback to go long, rather than counter-trend top fishing.
Trade here 👇$LINEA
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