【$ESPORTS Signal】1H breakout + negative funding rate short squeeze, bullish continuation

$ESPORTS RSI 1H 82.88, Bollinger Band upper band 0.0705 broken by a solid bullish candle.
4H MACD histogram has expanded for three consecutive bars, bullish momentum shows no signs of weakening.
Order book selling pressure is slightly heavier (depth imbalance -16.38%), but the negative funding rate -0.0455% continues to lock in short position costs, and the short squeeze conditions are building.
🎯Direction: long
⚡Entry/Order: 0.071385 - 0.071600
🛑Stop loss: 0.068020
🚀Target 1: 0.076970
🚀Target 2: 0.079655
🛡️Trade management: - After reaching Target 1, reduce position by 50%, move stop loss up to 0.071600.
If the price retraces to the entry level, actively exit to protect capital.
The negative funding rate and strong price action create a scissors effect, with weak passive willingness from bears, increasing the likelihood of a rapid move.
Current risk-reward ratio is about 1.5; caution is advised when adding to positions at higher levels.
View real-time market 👇 $ESPORTS
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