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【$ALT Signal】Negative funding rate short squeeze + Buy order depth crushing
$ALT 1H buy order depth is 2.07, funding rate is -1.18% extremely negative, short positions are concentrated. Bollinger Band upper band breaks through 0.0078 and stabilizes, 4H MACD bars continue to expand.
🎯Direction: long
⚡Entry/Order: 0.00811857 - 0.00814300
🛑Stop loss: 0.00773585
🚀Target 1: 0.00875373
🚀Target 2: 0.00905909
🛡️Trade management: Reduce 50% at Target 1, move stop loss to break even. If price falls back to entry level, actively exit.
Depth logic: Negative funding rate indicates high short-term funding costs, buy order depth above 2.07 shows very thick support below, 1H RSI at 78.4 is high but 4H remains at 62, bullish momentum has not faded. Conditions for short squeeze are ripe, after a sharp rise some profit-taking needs to be absorbed, order zone can attempt a second wave push.
View real-time market 👇 $ALT
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