【$ENS Signal】Negative funding rate short squeeze + 1H pullback to go long

Funding rate -0.3219%, 4H MACD golden cross not broken, 1H Bollinger upper band at 0.9812 resistance. Current price 0.9615, bulls failed to break 1.0 and pulled back, buying depth is relatively weak -5.5%, but negative funding rate means extremely high short holding costs, once the decline stops, a squeeze will be triggered. From a risk-reward perspective, the stop-loss level is clearly at 0.8884, with support expected near EMA50.
🎯Direction: Long
⚡Entry/Order: 0.9567
🛑Stop-loss: 0.8884
🚀Target 1: 0.9712
🚀Target 2: 0.9988
🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop-loss to break-even. If price falls back to entry level, automatically exit to protect principal.
Order book logic: OI remains stable combined with negative funding rate, making it difficult for shorts to sustain short-term suppression. The 4H MACD golden cross provides trend support, 1H RSI at 63 is neutral to slightly low, a pullback to around 0.9567 is a reasonable support zone in the EMA20_1h timeframe. Although buy depth is not ideal, under the short squeeze logic, the focus is more on funding cost pressure.
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