$ALT Signal: Negative fee rate + Longs gaining strength, targeting a short squeeze


$ALT Funding rate -1.14%, shorts are clustered. The 4H Bollinger upper band at 0.0083 has just been tested, and the MACD bullish bars are still expanding. The 1H RSI is 70.9. Buying pressure starting to weaken from around 0.0082, but there is no break in the momentum. The Bid/Ask depth ratio is 0.61; sell orders are slightly heavier, but the negative fee rate together with stable open interest indicates that short-squeeze conditions are preliminarily met. The current risk-reward ratio is 1.5. Positions are holding while waiting for the trigger.

🎯Direction: Long

⚡Entry/Order: 0.00821129 - 0.00823600

🛑Stop loss: 0.00815364

🚀Target 1: 0.00835954

🚀Target 2: 0.00842131

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to breakeven. If the price drops back into the entry zone, automatically exit to protect the principal.

The 4H consecutive bullish candles have narrowed in body size, and volume has faded, but the 1H pullback has not broken below the EMA20. The short-term bullish structure has not been broken. A negative fee rate means the cost for shorts is extremely high. Once price moves up, short sellers are forced to close positions, which will accelerate the rise. It’s a contest over this emotional variable.
View live market 👇 $ALT
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