【$DEEP Signal】1H retracement long position, negative funding rate supports short squeeze logic

$DEEP Funding rate -0.1149%, short position costs actively increased. After a large bullish candle on 4H, price consolidates narrowly around 0.0376, the 1H Bollinger Bands tighten to a 0.0369-0.0406 range, MACD histogram continues to shrink, momentum diminishes. Sell order depth accounts for 75%, selling pressure concentrated above. Objectively assessed, current risk-reward ratio is relatively low, waiting for a retracement to enter aligns better with risk control principles.

🎯Direction: Long (Pending order)

⚡Entry/Order: Pending order in the 0.03307 - 0.03350 range

🛑Stop loss: 0.03134

🚀Target 1: 0.03765

🚀Target 2: 0.03780

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

Depth logic: OI stable, no large-scale short covering, negative funding rate indicates short squeeze momentum still exists. RSI on 4H at 79.79 overbought, but 1H RSI at 68.67 not yet extreme, a retracement to EMA50 on 4H (around 0.0315) can provide strong support. After short-term profit-taking, the probability of a bullish rebound is higher.

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