【
$C98 Signal】Short Squeeze Rebound + 1H Momentum Breakout
$C98 The 1H timeframe, after experiencing a massive surge, is consolidating strongly around 0.0272. The RSI(1H) is as high as 75.88, indicating strong buying pressure, but it has entered overbought territory. On the 4H timeframe, the price has broken through the recent consolidation upper boundary (0.0270), forming a bullish structure. The key point is: the negative funding rate(-0.0703%) coexists with the rising price, which is a classic sign of a short squeeze, with shorts being forced to cover, fueling the price.
🎯Direction: Long (L