【$ID Signal】Continuation of short squeeze under negative funding rate, strong breakout on 1H


$ID 1H RSI reaches 80.86, buying momentum still lingering. The upper band of the 4H Bollinger Bands at 0.0365 has been left behind, with the current price at 0.03825 standing above the upper band. MACD histogram contracts, bullish momentum slightly slows down. Funding rate at -0.4368%, bears continue to pay, open interest remains stable with no signs of decline. After a spike, the risk of chasing the rally increases, but the stubborn trend under negative funding rate suggests passive bears.
🎯Direction: Long
⚡Entry/Order: 0.0381353 - 0.0382500
🛑Stop loss: 0.0363375
🚀Target 1: 0.0411187
🚀Target 2: 0.0425531
🛡️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.
View real-time market 👇 $ID
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