$ETH Signal】Long: Negative funding rate short squeeze + 1H oversold support


$ETH 1H RSI drops to 41, 4H MACD histogram continues to contract, bearish momentum gradually weakens. Price accelerates downward after breaking below 1H EMA20, but there are dense buy orders around 2330 below, indicating clear support from funds. The negative funding rate of -0.0056% persists, increasing the cost for short positions.
🎯Direction: Long
⚡Entry/Order: 2330.94
🛑Stop Loss: 2312.25
🚀Target 1: 2468.73
🚀Target 2: 2520.89
🛡️Trade Management: Reduce 50% of the position after reaching Target 1, and move the stop loss up to 2330.94 to break even. If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: OI remains stable but negative funding rate persists, short positions adding are not pushing the price to new lows, forming a potential short squeeze structure. The 4H lower Bollinger band around 2313 coincides with the stop loss level, providing technical buffer. Current risk-reward ratio exceeds 2:1, making long positions more cost-effective than chasing shorts.
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GateUser-687d057a
· 4h ago
Buy the dip 😎
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