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【$DODO Signal】Going long + negative funding liquidation squeeze game with 1H momentum decay
$DODO 1H RSI 76.73, 4H RSI 77.73, hovering in the overbought zone on both timeframes. Funding rate -1.28%, OI not decreasing, price not breaking down—bears are waiting for liquidation. Sell-side order book depth -16.44%, but clear intent from buy-side to prop it up. MACD 4H widens upward; 1H bars shorten, with momentum slowing at higher levels. If there’s no panic sell-off, a liquidation squeeze can start at any time. Risk-reward ratio 1.5, worth a try.
🎯 Direction: Go long
⚡ Entry/limit order: 0.02213639 - 0.02220300
🛑 Stop loss: 0.02109285
🚀 Target 1: 0.02386822
🚀 Target 2: 0.02470084
🛡️ Trade management:
- Execute 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.
Spot sell pressure is almost being absorbed by buy orders, but the high RSI still needs attention for potential wicks. If the negative funding rate persists, bears adding positions will push the price higher. My personal inclination is to do a small stop-loss squeeze trade.
Check real-time market 👇 $DODO
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