【$EVA Signal】Short squeeze structure, pullback to go long

$EVA 4H timeframe price has broken out of the upper Bollinger Band, RSI soared to 82.79, buying pressure clearly fractured. 1H MACD histogram is contracting, funding rate at 0.08% with stable open interest, a short squeeze structure is forming.

🎯Direction: Pullback to buy

⚡Entry/Order: Gradually accumulate in the 0.5887 - 0.7133 range

🛑Stop loss: 0.5242

🚀Target 1: 0.7177

🚀Target 2: 0.7822

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

This setup looks too fake, but the order book near 0.7144 below is very thick, fully exposing the capital support intent. Open interest has not decreased with the price surge, indicating short positions face squeeze risk. The risk-reward ratio isn't perfect, but the lifecycle of hot coins is very short. This kind of divergence between funding rate and price often signals a quick upward pulse.

Check real-time market 👇 $EVA
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