【$TNSR Signal】Close positions + Overbought cooling after short squeeze

$TNSR After a violent short squeeze rally exceeding 45% on the 4-hour chart, the RSI has become seriously overbought at 85.48, with the price far from the EMA20 (0.0466), indicating short-term momentum exhaustion.

🎯 Direction: Close positions

Market analysis: The 4-hour candlestick chart shows that the price completed a unilateral short squeeze within the 0.041-0.067 range. Key data: Funding rate -0.5335% (deep negative rate), open interest stable. This is a typical short squeeze scenario rather than a healthy bullish trend. Depth imbalance is 9.97%, buy orders are dominant, but the price is already high, indicating support orders below and selling pressure above may soon appear.

Logical core: Currently, the risk of going long is extremely high. The price has overextended its short-term gains, RSI >85 is an extreme zone, and chasing longs offers a poor risk-reward ratio. Conditions for shorting are not met: the funding rate is negative, ruling out the main force closing long positions; no divergence between decreasing open interest and RSI top is observed.

The best strategy is to stay on the sidelines and wait for a healthy reset of the price. Either wait for the price to retest key support levels (such as the 0.053-0.055 breakout zone) with declining volume and RSI correcting near 50, then consider going long; or wait for clear top structures (such as decreasing open interest + positive funding rate + bearish divergence) before considering short opportunities. Currently, it’s a tail-end market, risk management first.

Trade here 👇 $TNSR

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