【$AXS Signal】Long - 1H breakout above EMA20, negative funding rate short squeeze play

$AXS The 1H timeframe has stabilized above EMA20 (1.2827) and formed a short-term upward structure. Although the 4H timeframe is still in a consolidation zone, the 1H momentum has already turned strong, and the negative funding rate (-0.3195%) hints at a potential short squeeze. The current price is consolidating around 1.284, and a direction will soon be chosen.

🎯Direction: Long (Long)

🎯Entry/Order: 1.283 - 1.285 (Reason: 1H EMA20 support zone, concentrated buy orders on the order book )

🛑Stop Loss: 1.265 (Reason: Break below the 1H structural low and the lower boundary of the dense trading zone )

🚀Target 1: 1.310 (Reason: 4H previous high resistance and near EMA50 )

🚀Target 2: 1.335 (Reason: 4H previous high and potential short squeeze target )

🛡️Trading Management:

- Position suggestion: Light position (Reason: 4H trend is not fully clear, representing a left-side play on the 1H timeframe )

- Execution strategy: Once the price reaches 1.310, move the stop loss up to the entry price of 1.285. The remaining position targets 1.335. If the price stalls around 1.310, consider partial profit-taking in advance.

Deep logic: The funding rate depth is negative, but the price remains firm, and open interest (OI) stays stable, indicating accumulation of short positions and potential for a short squeeze. The 1H RSI (51.4) is in a healthy bullish zone with upward room. Order book depth shows buy orders (1.272-1.284) far exceed sell orders (1.285-1.295), creating an upward imbalance (3.75%) favorable for short-term price increase.

View real-time market 👇 $AXS

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