【$THE Signal】Long | 1H Breakout + Negative Funding Rate Squeeze


$THE 1H RSI 83.28, funding rate -0.8831%, shorts keep adding positions but can't suppress the price. The 4H Bollinger upper band at 0.0614 has been broken, MACD double golden cross upward. Order book depth sell-side tilt -22.66%, but price holds firm, bid orders silently absorbing. Negative funding rate + stable OI, short covering is the main driver in the short term.
🎯Direction: Long
⚡Entry/Pending Order: 0.0611959 - 0.0613800
🛑Stop Loss: 0.0607662
🚀Target 1: 0.0623007
🚀Target 2: 0.0627610
🛡️Trade Management: - Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically to protect principal.
Breakouts in a negative funding rate environment are often accompanied by sharp surges, but the 1H overbought zone requires attention to pullback confirmation. Current risk-reward ratio is about 1.5, strict risk control, worth a try.
Check real-time prices 👇 $THE

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