【$GWEI Signal】Short squeeze continues, buying pressure clearly supporting the bottom

$GWEI 1H timeframe high-level sideways consolidation, 4H Bollinger Bands opening upward, price above the upper band. The order book wall is very thick, with a large number of buy orders stacked below 0.0678, sparse sell orders. MACD double lines have crossed upward and continue to diverge, indicating sustained bullish momentum.

🎯Direction: Long

⚡Entry/Order: 0.06757

🛑Stop loss: 0.05443

🚀Target 1: 0.06793

🚀Target 2: 0.06820

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

This kind of deep imbalance is usually not retail behavior; the support from funds is obvious. The 1H RSI is above 70 but shows no top divergence, combined with stable open interest, it seems more like a continuation of a short squeeze rather than distribution. Liquidity is usually poor in early weekend hours, but the thick buy wall may aim to prevent a deep correction, preparing for a subsequent rally. The risk-reward ratio isn't perfect, but the capital intent is clear, and risk is manageable.

Check real-time market 👇 $GWEI
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