【$SXT Signal】Long breaks out, pullback confirmed—negative funding rate short squeeze is imminent


$SXT RSI_1h 58.75, MACD_1h histogram narrows to -0.0001, and the 4H Bollinger upper band at 0.0096 forms resistance. Funding rate is at -0.4909%, an extreme negative value, with shorts building up. Buy-side depth is 1.12; there are dense pending orders at 0.0085-0.0088. Near-term sell pressure is fading, and longs are actively absorbing.
🎯 Direction: long
⚡ Entry/Orders: 0.00929802 - 0.00932600
🛑 Stop-loss: 0.00923274
🚀 Target 1: 0.00946589
🚀 Target 2: 0.00953583
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop-loss up to breakeven. If price drops back to the entry level, automatically exit to protect principal.
Multiple tests near 0.0093 have failed to break; negative funding implies shorts need to close to push price upward. This risk-reward looks reasonable—give it a try.
View real-time chart 👇 $SXT
---
Follow me: get more real-time crypto market analysis and insights!
#LAB两日腰斩53% $BTC $ETH $SOL
LAB-36.50%
BTC-0.19%
ETH-0.07%
SOL-0.60%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned