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

4H timeframe shows a complete breakout structure. The critical K-line appeared on March 15, 00:00-04:00, with price rising from 0.1786 to 0.1906, trading volume surging to 694 million, which is 3.3 times the previous cycle. This volume-driven bullish candle directly broke through the previous consolidation resistance at 0.1794, forming a structural breakout. Subsequently, price consolidated in the high zone of 0.1848-0.2004 range, with the latest 4H K-line (16:00) close standing firm at 0.1991, confirming the breakout is valid.

1H timeframe shows healthy volume-price coordination. When attacking the 0.2047 high point, hourly trading volume expanded to 47.87 million, with active buying pressure. The subsequent three K-lines retracted on declining volume to near 0.197, but the buy-side depth is significantly stronger than the sell-side: order book shows bid orders of 1.14 million in the 0.1970-0.1989 range, while ask orders in the 0.1990-0.2000 range only total 0.38 million, with buy-side depth 3 times greater than sell-side, effectively locking down downside space.

Funding data confirms bulls dominate. 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 new capital has not exited. Combined with the -0.0576% negative funding rate, short positions are continuously paying funding costs, accumulating fuel for a squeeze rally. Technical indicator RSI_1H at 72.68 is in the strong zone but has not entered extreme overbought (>90), with room for further upside.

🎯Direction: Long

⚡Entry: 0.1975 - 0.1990

🛑Stop Loss: 0.1839

🚀Targets: 0.2151 / 0.2276

🛡Strategy: When price reaches 0.2151, take profit on half position, move stop loss on remaining position to entry price 0.1990, executing risk-free trade 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 maintain positions and pay fees even as price rises, which is "going against the trend stubbornly". The buy-side depth on the order book far exceeds the sell-side, indicating main capital has established a solid defense line at key levels (0.197-0.199), creating significant downside resistance. Upside is the path of least resistance; any minor pullback will accelerate due to short covering. This is a classic "funding cost squeeze" model where shorts have become fuel for longs.

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