$1000XEC Signal: Negative fee rate short squeeze, pullback to go long

$1000XEC 1H RSI 96.48, buying pressure clearly disconnected, deep imbalance -21.16% sellers dominate. The 4H Bollinger upper band at 0.0091 has been broken, funding rate -1.205%, bears crowding. After a surge, short-term profit-taking occurs, but negative fee rate supports the price from falling further.
🎯Direction: Long (pullback order)
⚡Entry/Order: 0.00792
🛑Stop loss: 0.00756
🚀Target 1: 0.00979
🚀Target 2: 0.00983
🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
Extreme high RSI levels are usually accompanied by quick corrections, but under deep negative fee rates, the risk of passive short covering is high. 0.00792 is close to the 4H EMA50 and the previous 1H support low, with a risk-reward ratio that is thin but with a promising win rate.
View real-time market 👇 $1000XEC
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