【FET Signal】Long | Volume and Price Rise Together 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 rising from 0.1786 to 0.1906, and trading volume surging to 694 million, which is 3.3 times the previous cycle. This volume-driven bullish candle broke through the upper boundary of the previous consolidation range at 0.1794 in one move, constituting a structural breakout. Subsequently, price consolidated at high levels in the 0.1848-0.2004 range, with the latest 4H K-line (16:00) closing firmly above 0.1991, confirming the breakout is valid.
The 1H level shows healthy volume-price coordination. When challenging the 0.2047 high, hourly trading volume expanded to 47.87 million, with active buying. The subsequent three K-lines pulled back with reduced volume to around 0.197, but buying depth is significantly stronger than selling: the order book shows 1.14 million buy orders hanging in the 0.1970-0.1989 range, while sell orders in the 0.1990-0.2000 range are only 380,000, with buy depth 3 times that of sell depth, effectively locking down downside space.
Fund data validates long 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 high level of 134 million USD, indicating that new capital has not exited. Combined with the -0.0576% negative funding rate, short positions continue to pay funding costs, accumulating fuel for the squeeze rally. The RSI_1H technical indicator stands at 72.68, in the strong zone but not yet entering extreme overbought (>90), with room for upside movement.

🎯Direction: Long

⚡Entry: 0.1975 - 0.1990

🛑Stop Loss: 0.1839

🚀Targets: 0.2151 / 0.2276

🛡️Strategy: When price touches 0.2151, take profit on half the position, move stop loss on 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 upward price movement. Shorts continue to hold positions and pay fees even as price rises, which is "going against the trend stubbornly." The buy depth in the order book far exceeds sell depth, indicating that major capital has established a solid defense line at key price levels (0.197-0.199), making downside movement extremely difficult. Upside is the path of least resistance, and any minor pullback will be accelerated by short covering. This is a typical "funding cost squeeze" model, where shorts have become fuel for longs.
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