【$1000XEC Signal】Overbought high-level betting, negative fee rate supports bulls

$1000XEC 1H RSI 85.89, 4H RSI 90.84, Bollinger 4H upper band broken at 0.0091. MACD 4H bars continue to expand, 1H bars start to shorten. Funding rate -1.22%, bears continue to pay, open interest stable without reducing positions. Buy and sell depth ratio 0.85, selling pressure slightly heavier above, but support below has not collapsed. Current price at 0.00978 is between the 1H Bollinger middle and upper bands, volume has fallen from peak, showing clear signs of high-level turnover.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.00971
🛑Stop loss: 0.00756
🚀Target 1: 0.00980
🚀Target 2: 0.00984
🛡️Trade management: - Reduce 50% after reaching Target 1, move stop loss to entry level. If price falls below 0.00971, exit entire position.
Deep negative funding rate is a short-term bullish safeguard, passive short push-up is a common short squeeze catalyst. But high RSI is an objective fact, target space is narrow, and risk-reward ratio is poor. The core logic of this trade is betting on short squeeze from short liquidation, not technical breakout. If the 1H close drops below 0.00940, bulls fail, immediately stand aside.
Check real-time market 👇 $1000XEC
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