$EDEN Signal] Long entry 1H breakout + negative funding rate short squeeze

$EDEN 1H consecutive three bullish candles with volume breakout, price above the Bollinger upper band at 0.0551. RSI on 1h surged to 79, in the short-term overbought zone. 4H MACD momentum bars continue to expand, bullish structure intact. Funding rate -0.01% indicates high short position costs, short squeeze conditions exist. Market depth shows slightly weaker buy orders, but under negative funding rate, short covering momentum is strong. Currently, the price at 0.0552 approaches the upper boundary of the suggested entry zone, suitable for placing orders to enter. During this rapid rise, the profit-loss ratio is acceptable, but beware of sudden profit-taking.
🎯Direction: Long
⚡Entry/Order: 0.0550444 - 0.0552100
🛑Stop loss: 0.0546579
🚀Target 1: 0.0560382
🚀Target 2: 0.0564522
🛡️Trade management: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: Open interest remains stable without signs of coordinated upward movement, indicating limited chasing of longs, but short positions are trapped. Once the price breaks previous high, it may trigger short stop-losses. Meanwhile, MACD divergence has not appeared, and short-term momentum can continue.
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