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【$1000XEC Signal】Go long | Funding rate -2% squeeze pushing forward
$1000XEC Funding rate -2.0%, shorts positions face concentrated liquidation pressure. The 1H MACD histogram has expanded again; buy orders keep pushing the price higher. The 4H Bollinger Band upper track at 0.0061 has been effectively broken; the current price is 0.007012, and upside space is clearly open.
🎯 Direction: Go long
⚡ Entry/limit order: 0.00699096 - 0.00701200
🛑 Stop loss: 0.00694188
🚀 Target 1: 0.00711718
🚀 Target 2: 0.00716977
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce position size by 50% and move the stop loss up to break-even. If the price falls back to the entry level, exit automatically to protect principal.
RSI 1H has surged to 94; chasing longs with the risk-reward ratio is indeed not very attractive, but the negative funding rate combined with a spike in trading volume still gives short-term momentum inertia. A strict stop loss is the bottom line.
Check the live market 👇 $1000XEC
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