【$1000XEC Signal】Short squeeze with negative funding rates; bulls gain strength

$1000XEC The 1H MACD histogram is contracting, but the 4H Bollinger upper band at 0.0064 has already been left behind. Funding rate is -0.26%, keeping short positions’ cost basis high. Current price is 0.006555, buy-side depth is 0.73, and the sell-pressure digestion speed is on the slow side. Personally, I remain cautious about the reasonableness of the current risk-reward ratio of 1.5, but the short-squeeze logic is complete and worth targeting.

🎯Direction: long

⚡Entry / Place orders: 0.00653533 - 0.00655500

🛑Stop loss: 0.00648945

🚀Target 1: 0.00665332

🚀Target 2: 0.00670249

🛡️Trade management:
- Execution strategy: After reaching target 1, cut position size by 50% and move the stop loss up to break-even. If price drops back to the entry zone, automatically exit to protect principal.

Depth rationale: 1H RSI is still at 70 and remains elevated, but the negative funding rate continues to suppress shorts. If price holds above 0.00655, short covering will push prices higher. The 4H trading volume shrinks after the breakout, so watch for a short-term pullback, but the squeeze strength determines the pulse height.

Check live price 👇 $1000XEC
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