【$SQD Signal】Pullback to go long, funds squeezing short structure

$SQD After a violent surge on the 1H timeframe, the price has broken out of the upper Bollinger Band, RSI soared to 87.59, indicating short-term overbought conditions. However, on the 4H timeframe, the MACD has formed a golden cross with the histogram continuously expanding, showing buying momentum has not yet exhausted. The key point is that the funding rate has been hammered down to -0.0586%, making short positions very costly, creating a typical squeeze scenario.

🎯Direction: Pullback to go long

⚡Entry/Order: Accumulate in the 0.0301 - 0.0308 range

🛑Stop Loss: 0.0297

🚀Target 1: 0.0350

🚀Target 2: 0.0371

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Order book depth shows sell orders stacking above 0.0345, which is a short-term resistance. But open interest remains stable, with no signs of large-scale fund withdrawal. The 20 EMA on the 1H chart at 0.0310 provides dynamic support, combined with the negative funding rate, making any pullback very painful for shorts. Under this structure, the risk-reward ratio exceeds 4, making it worthwhile to use a smaller position to gamble on a short squeeze.

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