【$1000XEC Signal】Go long to squeeze shorts: negative funding rate + 1H support rebound

$1000XEC Funding rate -0.05%, after a pullback to EMA20 on the 1H timeframe, buy orders appeared; the price reclaimed 0.0067. The 4H MACD is still expanding in a bullish trend but momentum is weakening. 1H shows a low-volume consolidation; depth sell pressure is -19.47%, but shorts are crowded and could be squeezed. Risk-reward is 1.5. There is a thin squeeze area above 0.00681, so execution must be decisive.

🎯 Direction: long

⚡ Entry / orders: 0.00669386 - 0.00671400

🛑 Stop loss: 0.00664686

🚀 Target 1: 0.00681471

🚀 Target 2: 0.00686507

🛡️ Trade management:
- Execution strategy: after reaching Target 1, reduce position by 50%, and move the stop loss up to breakeven. If price falls back to the entry area, automatically exit to protect principal.

Buy orders are densely placed around 0.00664. Combined with the negative funding rate, there is short-term potential for a short squeeze. Current RSI on 1H is 63, not overbought, with room still available.

Check live prices 👇 $1000XEC
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