【POL Signal】Limit Long Order: Volume Contraction at Key Support, Short Fuel Depleted

The 4-hour chart shows that after the price declined from the March 12 high of 0.09883, it formed a dense trading band in the 0.09534-0.09547 range. The latest 4-hour K-line (12:00-13:00) closed at 0.09543 with volume of 2.02M, a significant 64% contraction compared to the previous K-line's 5.47M. Open Interest (OI) remains stable at 172.5 million, showing no decrease with the price decline, indicating shorts have not massively increased positions.
On the 1-hour chart, RSI is at 42.74, in a neutral-to-weak zone with no oversold entry. Key data lies in the order book: total buy orders from bid-1 to bid-10 reach 485,000U, while sell orders from ask-1 to ask-10 total 457,000U. Buy-side depth exceeds sell-side depth with a depth imbalance rate of 6.13%. The 0.0953-0.0954 price level accumulates significant buy orders (with 46,600U alone at the 0.09531 price level), forming a solid support wall.
Funding rate is -0.0201%, a mild negative value. Combined with stable open interest and strong buy-side depth, this is not panic selling but rather longs actively placing limit orders at key support. Shorts are pushing prices down but face strong buy-side resistance without triggering position reduction (longs are not stop-lossed), making short efficiency extremely low. When price hit a new low at 0.09539, 1-hour volume contracted while RSI did not sync to new lows, showing hidden bottom divergence.

🎯Direction: Limit Long

⚡Entry: 0.09465 - 0.09484

🛑Stop Loss: 0.09305

🚀Target: 0.10199 / 0.10557

🛡Strategy: Reduce position by half after price reaches target 1, move stop loss of remaining position up to entry price.

Logic: The core market contradiction currently is 'strong support buy orders' versus 'mild negative funding rate'. Shorts attempt to create panic using negative funding rates, but price consolidates above the key support level 0.0953 with volume contraction, and the order book shows massive buy orders stacked below (nearly 500,000U), with downside space effectively locked. Stable open interest proves long positions are steadfast and have not been shaken out. This is a typical structure of longs laying in ambush at support while shorts' momentum depletes. Once buy orders begin absorbing thin sell orders above (sparse sell orders above 0.09544), it will easily trigger rapid rally from short covering. The path of least resistance is upward.
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