【#Gate2月透明度报告 Signal】1H Breakout and Retest, Main Force Supports the Market Under Negative Funding Rate, Sniping Short-term Rebound

The 1H timeframe has just completed a strong upward move, with the price breaking through and stabilizing above the short-term moving average. However, it has now slightly pulled back near the breakout level, forming a technical retest. The 4H timeframe is still in a consolidation phase, but the momentum structure on the 1H has already turned stronger. Combined with negative funding rates and stable open interest, this suggests that short covering pressure is building up, and the main force is clearly supporting the market. This is a typical short-term signal for a short squeeze.

🎯 Direction: Long

⚡ Entry/Order: 0.1025 - 0.1029

🛑 Stop Loss: 0.1025

🚀 Target 1: 0.1044

🚀 Target 2: 0.1052

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price fails to continue upward and falls back into the entry zone, strictly execute the stop loss to protect capital.

Deep Logic: The 1H RSI indicates healthy momentum without entering overbought territory, leaving room for further upward movement. Market depth shows substantial buy orders stacked between 0.1045-0.1050, forming initial support. The key point is that open interest remains stable during the price rally, with no signs of panic selling, and the funding rate is negative, fueling the short squeeze. The level at 0.1025 is a strong support zone on the 1H timeframe and a dense area of moving averages, making it an ideal defensive position.

View real-time market 👇 $ENA

Follow me: Get more real-time analysis and insights on the crypto market! $ENA $ENA
$BTC