【$DOGE Signal】Long + 1H Momentum Breakout & Negative Funding Rate Short Squeeze

$DOGE The 1H timeframe has stabilized above EMA20 with increased volume breaking through short-term consolidation, indicating a clear shift to bullish momentum. Although the 4H timeframe is still consolidating, the strong breakout on the 1H chart combined with negative funding rates creates a potential short squeeze opportunity, making it an excellent short-term entry point.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0935 - 0.0937 (Near current market price)

🛑Stop Loss: 0.0922 (Below the previous 1H breakout low and EMA50_1h)

🚀Target 1: 0.0955 (Previous high resistance on the 4H chart)

🚀Target 2: 0.0970 (4H EMA50 resistance)

🛡Trade Management:

- Position Size Recommendation: Light (Reason: 4H trend is not fully resonant, but 1H momentum is strong, so a small position is preferred for tactical play)

- Execution Strategy: Once the price reaches 0.0955, reduce position by 50% to lock in profits, and move the stop loss up to the entry price of 0.0935. The remaining position aims for the second target; if the price retraces and breaks below the trailing stop, exit all.

Deep Logic: 1H RSI(58) indicates healthy upward movement, with buy-side depth (bid_ask_ratio_depth=1.06) slightly favorable, showing strong support below. The key factor is the combination of negative funding rate (-0.0109) and rising price, implying shorts are paying costs, which could trigger a short squeeze if the price continues upward. Open interest remains stable, suggesting this is not solely driven by short covering but possibly new long funds entering. The order book imbalance is 3.06%, with thinner sell orders above 0.0935, favoring rapid upward movement.

View real-time market 👇 $DOGE

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