【FET Signal】Long | Volume and Price Rally Breaking Key Resistance, Negative Funding Rate Squeeze Logic Established

The 4H level presents a complete breakout structure. The key K-line appeared on March 15, 00:00-04:00, with price rallying from 0.1786 to 0.1906, and trading volume surging to 694M, which is 3.3x the previous cycle. This volume-driven bullish candle broke through the upper boundary of the previous consolidation zone at 0.1794 in one move, constituting a structural breakout. Subsequently, price consolidated at higher levels in the 0.1848-0.2004 range, with the latest 4H K-line (16:00) closing firmly at 0.1991, confirming the breakout is valid.
The 1H level shows healthy volume-price coordination. When attacking the 0.2047 high, hourly trading volume expanded to 47.87M, with active buying. The following three K-lines pulled back with reduced volume to around 0.197, but buying depth is significantly stronger than selling depth: the order book shows buy orders of 1.14M in the 0.1970-0.1989 range, while sell orders in the 0.1990-0.2000 range only total 0.38M, with buy depth 3x sell depth, effectively locking down downside space.
Fund data validates bullish dominance. Although the buy/sell ratio fluctuates in the 0.47-0.55 range, showing intense long-short competition, open interest (OI) remains stable at the 134M USD high level, indicating new capital has not exited. Combined with the -0.0576% negative funding rate, short positions are continuously paying funding costs, accumulating fuel for the squeeze move. Technical indicator RSI_1H is 72.68, in the strong zone but not yet in extreme overbought (>90), with room for further upside.

🎯Direction: Long

⚡Entry: 0.1975 - 0.1990

🛑Stop Loss: 0.1839

🚀Target: 0.2151 / 0.2276

🛡Strategy: Take profit half position at 0.2151, move stop loss of remaining position up to entry price 0.1990, zero-risk play for the second target.

Logic: The core contradiction on the current chart is the divergence between negative funding rate and strong price rally. Shorts are maintaining positions and paying fees while price rises, which is "counter-trend stubborn holding." The buy depth in the order book far exceeds sell depth, indicating that major capital has set up a solid defense line at key levels (0.197-0.199), with enormous resistance to declines. Upside is the path of least resistance; any minor pullback will accelerate due to short covering. This is a typical "funding cost squeeze" model, where shorts have become fuel for longs.
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