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$CROSS Signal】Go long: 1H pullback to support + potential short-squeeze explosion on negative funding rate
$CROSS 1H MACD forms a bearish cross, suppressing price and pulling it back to around 0.098. Above the 4H Bollinger midline at 0.0818, buy-side demand has continuously propped it up. The 15-minute volume has shrunk, but the order book shows a dense backlog of buy orders around 0.0986 as support. Funding rate has stayed negative at -0.0114%, OI is stable, and the shorts’ backlog has not been cleared. The depth ratio of 1.38 suggests buyers hold the upper hand.
🎯Direction: Go long
⚡Entry/limit orders: 0.0985734 - 0.0988700
🛑Stop loss: 0.0939265
🚀Target 1: 0.1062852
🚀Target 2: 0.1099929
🛡️Trade management:
- Execution strategy: After reaching target 1, cut 50%, and move the stop loss up to break-even. If price drops back to the entry level, automatically exit to protect principal.
- 4H RSI has fallen from 83 to 61. After high-level profit-taking was released, the replenishing buying strength has not yet weakened. Keep an eye on order-flow eating speed; if it rebounds quickly to above 0.1, the short squeeze will accelerate. Risk-reward ratio is 1.5. In a negative funding-rate environment, going long offers acceptable cost-effectiveness.
View live market 👇 $CROSS
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