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$DODOX Bullish squeeze structure + deep buy orders propping the downside
$DODOX Funding rate -0.33%, leaving shorts with extremely high costs. After the 1H pullback to around 0.0220, bids quickly covered back up; the Bid/Ask depth ratio of 1.23 shows a dense flow of buy orders below. The 4H MACD histogram is narrowing, but price is still holding above the EMA20. The extreme negative funding rate, together with stable OI, indicates that a short-squeeze setup is taking shape.
🎯 Direction: Long
⚡ Entry / Orders: 0.02263788 - 0.02270600
🛑 Stop loss: 0.02247894
🚀 Target 1: 0.02304659
🚀 Target 2: 0.02321689
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce position size by 50%, and move the stop loss up to the breakeven level. If price falls back to the entry zone, automatically exit to protect principal.
Short liquidations often happen when funding is deeply negative and price doesn’t drop; the current risk-reward ratio is reasonable.
Check live market 👇 $DODOX
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