【$POWER Signal】Short squeeze relay! 1H pullback confirmation, main force clearly defending the price under negative funding rate

$POWER The 1H timeframe is consolidating strongly above EMA20, with the price refusing to undergo a deep correction. The 4H timeframe shows a stair-step increase in volume, indicating a strong trend. Currently, the negative funding rate is as high as -0.344%, but the price remains firm and open interest (OI) is stable, a typical short squeeze structure, with clear main force support. The order book shows buy-side dominance, with an imbalance of 10.72%, providing immediate support for the price.

🎯Direction: Long (Long)

🎯Entry/Order: 0.920 - 0.925 (Reason: 1H EMA20 dynamic support zone, dense trading area in the order book )

🛑Stop loss: 0.872 (Reason: Break below the previous 1H candle’s low and the key psychological level of 0.88 )

🚀Target 1: 0.960 (Reason: Previous high resistance, also an integer psychological level )

🚀Target 2: 1.020 (Reason: Based on the recent wave’s 1.618 Fibonacci extension level )

🛡️Trading management:

- Position suggestion: Light position (Reason: Daily increase has exceeded 34%, volatility is extremely high, avoid profit-taking reversal )

- Execution strategy: After the price reaches 0.960 (Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.925. If the price cannot hold above 0.925 and weakens, exit immediately.

Depth logic: 4H consecutive bullish candles, buy-side dominance (buy_sell_ratio > 0.5), continuous capital inflow. The key point is that under high negative funding rates, the price does not fall but consolidates sideways, which is a strong signal that shorts are forced to pay fees and may face a short squeeze. The 1H RSI(73.29) is high but not in extreme overbought territory, leaving room for upward movement. Stable OI indicates that holders remain confident, not purely retail FOMO. Combined with the buy-side depth, strong support is found around 0.915 below.

View real-time market 👇 $POWER

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