【$ESP Signal】Negative funding rate short-squeeze + 1H momentum continuation, targeting longs on breakout

$ESP Funding rate -1.23%, shorts continue to pay position fees, and the squeeze pressure has not ended. The 1H MACD red histogram is still expanding; price holds above 0.095. Buy-side depth accounts for 51%, and active buying has not weakened. The upper Bollinger band on 4H at 0.0854 has already been broken, with the bands opening upward. Current RSI 81.57 is high, but under a negative funding-rate environment, strong momentum pushes often come with continuation upward; the probability of a pullback to test is low.
🎯 Direction: long
⚡ Entry / limit orders: 0.0948346 - 0.0951200
🛑 Stop loss: 0.0903640
🚀 Target 1: 0.1022540
🚀 Target 2: 0.1058210
🛡️ Trade management: - Execute strategy: after reaching target 1, reduce position by 50%, and move the stop loss up to breakeven. If price falls back to the entry zone, exit automatically to protect principal.
Depth logic: Stable OI indicates capital has not left; negative funding rate + hard price action is a typical short-squeeze structure. The 1H trading volume did not sharply contract after the explosive move; turnover at higher levels is sufficient, and sell orders are being digested quickly. The short-term risk/reward is 1.5, with reasonable stop-loss room—worth betting on.
Check live quotes 👇 $ESP
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