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[$BEL Signal] Short Squeeze Snipe + Negative Funding Rate Support, 1H Breaking Upper Band
$BEL Funding rate -0.6962%, extremely negative. OI stable, yet price holds firmly at 0.1258, short squeeze structure mature. 1H Bollinger upper band 0.1255 has been pierced, bid depth ratio 1.78 indicates strong support below. This resilience makes one doubt whether shorts have any remaining strength to continue smashing.
🎯Direction: long
⚡Entry/Limit order: 0.12580 - 0.12612
🛑Stop loss: 0.1248588
🚀Target 1: 0.1280118
🚀Target 2: 0.1289577
🛡🛡️ Trade Management: - Execution strategy: Reduce position by 50% after reaching target 1, and move stop loss to breakeven. If price falls back to entry, automatically exit to protect principal.
Price increase in negative funding rate zone often comes with short covering, 1H MACD bullish divergence, 4H Bollinger middle band 0.1049 far below, ample bullish momentum reserve. Short-term RSI 71.85 slightly high, but under short squeeze logic, upward momentum inertia is stronger.
View real-time quotes 👇 $BEL
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