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【$BOME Signal】Go long | Negative funding rate + short-squeeze forming, strong 1H breakout
$BOME RSI on 1H surged to 84.27; on 4H, the upper Bollinger Band has opened, and the funding rate of -0.0008% layered with stable OI. The buy pressure has pushed prices up with three consecutive 1H bullish candles. The depth Bid/Ask Ratio of 0.85 suggests seller pressure is still manageable. This structure of a negative funding rate plus firm price action is prone to trigger a short squeeze, but buying at overbought RSI levels requires controlling position sizing.
🎯 Direction: Go long
⚡ Entry / limit order: 0.000510433 - 0.000511200
🛑 Stop loss: 0.000506088
🚀 Target 1: 0.000518868
🚀 Target 2: 0.000522702
🛡️ Trade management: When reaching Target 1, cut 50%; move the stop loss up to breakeven. If price retraces below the entry level, exit manually.
Check live quotes 👇 $BOME
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