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【$ID Signal】Negative funding rate + support long entry, short squeeze building up
$ID Funding rate -0.0211% shorts crowded, 1H Bollinger lower band 0.0366 forms support. 4H MACD still above zero line, bullish structure intact. Although sell-side depth dominates, price hasn't broken previous low, absorption gradually strengthening.
🎯Direction: Long
⚡Entry/Pending order: 0.03825
🛑Stop loss: 0.037947
🚀Target 1: 0.038905
🚀Target 2: 0.039192
🛡️Trade management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to break-even. If price drops back to entry level, exit automatically to protect principal.
(Deep logic: Negative funding rate combined with stable OI increases short holding costs. Once price stabilizes, short squeeze covering will push price higher. 1H RSI at 54 is neutral-low, room for bounce still exists.)
View real-time quotes 👇 $ID
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