【$XNY Signal】Long + 1H Momentum Continuation, Funding Rate Short Squeeze

$XNY 1H RSI surges to 79.65, the upper Bollinger Band at 0.0070 is continuously touched; MACD fast line remains flat at high levels, volume diminishes but price stays firm. The 4H MACD histogram continues to expand, bullish momentum remains. Selling depth ratio reaches as high as 54%, but the funding rate at 0.0338% is relatively low, and short positions' cost is insufficient to suppress short squeeze sentiment.
🎯Direction: Long
⚡Entry/Order: 0.00679156 – 0.00681200
🛑Stop Loss: 0.00674388
🚀Target 1: 0.00691418
🚀Target 2: 0.00696527
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect principal.
Current risk-reward ratio is about 1.5, but strict stop-loss is needed for high-level longs. Depth imbalance remains negative, with dense sell orders around 0.0070, and Target 2 is close to this resistance.
Check real-time market 👇 $XNY
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