$EVA Signal】Short squeeze structure, pull back to go long


$EVA The 4H level price has broken out of the Bollinger upper band, RSI is as high as 82.79, indicating a gap in buying volume. The 1H MACD histogram is contracting, bullish momentum is slowing, but open interest remains stable, and the funding rate stays at a positive 0.08%, so the short squeeze structure is intact.

🎯Direction: Pull back to go long

⚡Entry/Order: 0.5887 - 0.7133

🛑Stop loss: 0.5242

🚀Target 1: 0.7177

🚀Target 2: 0.7822

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.

The sell orders on the order book are clearly stacked above 0.72, forming short-term resistance. But the 1H EMA20 at 0.6615 provides dynamic support, combined with stable open interest, indicating continued capital support. This move looks too fake, more like a shakeout at high levels rather than a distribution. The risk-reward ratio is worth positioning within the current range.

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