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#Gate蓝龙虾重磅上线 #伊朗在霍尔木兹海峡布设水雷 #原油价格回落 【$ACX Signal】Short squeeze pullback + negative funding rate game, aiming for a secondary rally
On the 1H timeframe, after a historically significant surge, the price is consolidating strongly in the 0.057-0.058 range, which is a typical "air refueling" pattern. The 4H timeframe shows a large bullish candle establishing an uptrend, despite RSI indicating overbought conditions, the open interest remains stable and the funding rate is deeply negative, suggesting that bears are still under passive pressure and the short squeeze logic remains intact. Currently, the price is far from the 1H EMA20, chasing the high directly carries great risk, so a pullback confirmation is necessary.
🎯 Direction: Long (wait for pullback to place orders)
⚡ Entry/Order: 0.04656 - 0.04776
🛑 Stop Loss: 0.04080
🚀 Target 1: 0.07560
🚀 Target 2: 0.08952
🛡️ Trading 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 logic: The price surged 74% while open interest remained stable. This is not just a simple bullish rally but a combined result of short covering and main force support. The deeply negative funding rate (-0.27%) is the key catalyst, forcing shorts to pay continuously. Once the price refuses to undergo deep correction, a new round of short squeeze can easily trigger. The 1-hour buy order depth is clearly substantial, with dense support below, providing a safety cushion for pullbacks. This is a typical "event-driven + capital game" opportunity, with a risk-reward ratio of 4:1, worth setting up ambush.
Check real-time market 👇 $ACX
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