【$SXT Signal】Short funding rate -0.54%, short-squeeze logic kicks in, targeting low longs


$SXT Funding rate -0.5382%, shorts’ position cost is extremely high. The 1H MACD histogram has slightly turned negative, but the 4H MACD is still running above the zero line; momentum hasn’t fully died out. The order book shows buyers’ depth accounts for 22.35%, with solid buy-the-dip support below. The current price 0.00873 is tightly hugging the 1H Bollinger Band midline—this is the key defense line for recent long counterattacks.
🎯Direction: long
⚡Entry/limit order: 0.0087038 - 0.0087300
🛑Stop loss: 0.0086427
🚀Target 1: 0.0088609
🚀Target 2: 0.0089264
🛡️Trade management: - Execute strategy: after reaching target 1, cut 50% of the position and move the stop loss up to breakeven. If price falls back to the entry zone, automatically exit to protect principal.
After the 4H trading volume surged and then pulled back, that’s normal correction. Negative funding rate combined with depth imbalance indicates strong short-covering momentum in the short term; with a risk-reward ratio of 1.5, it’s worth playing.
Check live quotes 👇 $SXT
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