【$DRIFT Signal】Negative funding rate short squeeze + Buy order depth crushing, bullish sniper

$DRIFT 1H level sideways trading at high position, the 0.03244 low was quickly recovered, buy order depth at 1.88 shows capital support intention. MACD 4H histogram shrinking but no death cross, 1H shows a weak death cross but refuses deep correction. Negative funding rate continues to -0.0392%, bullish positions show no panic, often brewing a rebound short squeeze trend.

🎯Direction: Long

⚡Entry/Order: 0.0349249 - 0.0350300

🛑Stop loss: 0.0346797

🚀Target 1: 0.0355554

🚀Target 2: 0.0358182

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

Based on OI stability and depth data, selling pressure is quickly absorbed, the area above 0.0355-0.0362 is the 1H Bollinger upper band and 4H previous high, breaking through may test 0.0358. Current risk-reward ratio is 1.5, downside space is limited by buy orders, worth a try.

Check real-time market 👇 $DRIFT
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