$AXT Signal】Long logic: Deep buy support + negative fee rate short squeeze expectation


$AXT Buy depth 74%, buy/sell ratio 6.7, very thick support orders below. 1H MACD shows a death cross but the funding rate is -0.03%, indicating shorts are paying longs' holding costs. Price retraced to the middle band of the 1H Bollinger and stabilized, the bullish line has not been broken.
🎯Direction: long
⚡Entry/Order: 100.0789 - 100.3800
🛑Stop loss: 99.3762
🚀Target 1: 101.8857
🚀Target 2: 102.6385
🛡️Trade management:
- Execution strategy: After reaching target 1, reduce position by 50%, and move the stop loss to breakeven. If the price falls back to the entry level, automatically exit to protect capital.
In a negative fee rate environment, if the price does not break support, short covering will accelerate the rally. Current risk/reward ratio is 1.5, worth betting.
Check real-time market 👇 $AXT
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