【$EDEN Signal】Long position breakout on 1H + negative funding rate short squeeze

$EDEN 1H MACD histogram shrinking, price remains above the 4H Bollinger upper band at 0.0534. Funding rate -0.57%, short position costs are very high. Deep buy volume ratio 0.86, buy support is slightly weaker below but selling pressure has not spread.
🎯Direction: Long
⚡Entry/Order: 0.054436 - 0.054600
🛑Stop loss: 0.054054
🚀Target 1: 0.055419
🚀Target 2: 0.055828
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Negative funding rate combined with strong price support increases the likelihood of short squeeze. Stable open interest indicates no large-scale liquidation, short-term potential for short squeeze. Risk-reward ratio 1.5, acceptable for high-volume cryptocurrencies.
View real-time market 👇 $EDEN
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