【$ACE Signal】Go long | Negative funding rate short-squeeze + 1H support

$ACE Funding rate -0.23%; short positions’ cost, on a monthly annualized basis, is over 90%. 1H RSI 46 has already fallen into a relatively low zone. The 4H MACD histogram has narrowed, but it is still above the zero line. Around 0.0925, dense buy orders are stacked on the book; the 7.7% sell-side depth advantage is being rapidly absorbed. Price is oscillating tightly around 0.0935; with sell pressure weakening, the probability of longs proactively covering increases.
🎯 Direction: Go long
⚡ Entry / Pending orders: 0.0933 (suggested range: 0.0931697 - 0.0934500)
🛑 Stop loss: 0.0925155
🚀 Target 1: 0.0948518
🚀 Target 2: 0.0955526
🛡️ Trade management:
- Strategy execution: After reaching target 1, cut 50%, and move the stop loss up to break-even. If price falls back to the entry level, automatically exit to protect principal.
Negative funding rate combined with the early form of a 1H bullish divergence; if buy orders continue to accumulate, a short-squeeze move can start at any time. Stop loss is tightly set at the 0.0925 support; the risk-reward ratio is reasonable.
Check live market 👇 $ACE
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