$DRIFT Signal】Long + Negative Fee Rate Short Squeeze


$DRIFT Negative fee rate -0.3469% and open interest steady, with dense short positions trapped. 1H RSI 62.9, neutral leaning strong, 4H Bollinger Band upper band at 0.0459 still room to move. Order book buy ratio 53%, capital inflow stronger than sell orders. Support around 0.04288 tested multiple times, clear willingness to buy. Current risk-reward ratio 1.5, stop loss only 1% away, highlighting strategic value.
🎯Direction: Long
⚡Entry/Order: 0.0428810 - 0.0430100
🛑Stop loss: 0.0425799
🚀Target 1: 0.0436552
🚀Target 2: 0.0439777
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect principal.
Depth logic: 4H MACD histogram shortens but remains above zero, indicating bulls still dominant; 1H MACD death cross followed by shrinking green bars suggests the correction is nearing end. Stable open interest indicates chips are not escaping, negative fee rate attracts short covering. Pricing zone near 4H midline at 0.0338 is relatively far, bulls are eager to attack. Fits short squeeze characteristics.
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DRIFT5.06%
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