【$SOMI Signal】Long | Negative Funding Rate + Depth Support, 1H Short Squeeze Play

$SOMI Buy order depth ratio 2.35, orders clustered around 0.1181, selling pressure quickly absorbed. RSI 63.79 not overbought, MACD histogram shrinking but still above zero line, negative funding rate -0.0043% implies high short holding cost. Funding support + short squeeze conditions initially in place.
🎯Direction: long
⚡Entry/Limit order: 0.119121 - 0.119300
🛑Stop loss: 0.118107
🚀Target 1: 0.121090
🚀Target 2: 0.121984
🛡️Trade Management: - Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss up to breakeven. If price falls back to entry level, auto exit.
Depth Logic: 1H Bollinger upper band 0.1241, current distance to Target 2 still has room. Negative funding rate persists, shorts face squeeze, but be cautious of MACD histogram shrinking momentum weakening. Stop loss tight, risk-reward ratio acceptable.
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