【$FET Signal】Oversold Rebound Sniping! 1H Level RSI Bottom Divergence, Short Squeeze Play Under Negative Funding Rate

$FET The 1H level just experienced a waterfall decline, quickly rebounding after touching around 0.151, with serious oversold and bottom divergence signals on RSI(1H). Although the 4H level remains in a downtrend channel, the negative funding rate(-0.0556%) combined with stable open interest suggests a short-term rebound opportunity from a short squeeze. The current price is below the 1H EMA20, indicating a left-side setup, waiting for confirmation signals on the right side.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1525 - 0.1535 (Reason: Dense support zone on the current order book, 1H candlestick stabilizing area)

🛑Stop Loss: 0.1505 (Reason: Break below previous low 0.1509 and the integer level, ATR-based stop loss)

🚀Target 1: 0.1580 (Reason: Resistance at 1H EMA20 and previous small platform)

🚀Target 2: 0.1615 (Reason: First strong resistance after a rebound in the 4H downtrend)

🛡️Trade Management:

- Position suggestion: Light position (Reason: Left-side trading, 4H trend not reversed, higher risk)

- Execution strategy: After entering, if the price quickly rises to hit 0.1580, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price fails to break through 0.1550 and weakens again, consider exiting early.

Deep logic: Despite a sharp decline, open interest remains stable, indicating it’s not sustained selling by major players but rather a leverage wipeout of longs. The 1H RSI(31.59) has exited the extreme oversold zone, and buying depth in the 0.152-0.153 area is significant, providing short-term support. Under a negative funding rate environment, short positions have high costs, and any rebound could trigger short covering, leading to a short squeeze. The key is whether the 1H close can hold above 0.1545.

Check real-time market 👇 $FET

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