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

4H level presents complete breakout structure. Key K-line appeared on March 15, 00:00-04:00, price pulled up from 0.1786 to 0.1906, trading volume surged to 694 million, 3.3 times the previous cycle. This volume-expansion bullish candle broke through the upper boundary of the previous consolidation zone at 0.1794 in one go, constituting a structural breakout. Subsequently price consolidated at high levels in the 0.1848-0.2004 range, latest 4H K-line (16:00) closed standing firm at 0.1991, confirming the breakout is valid.
1H level shows healthy volume-price coordination. When attacking the 0.2047 high, hourly trading volume expanded to 47.87 million, buy orders active. Subsequently three K-lines contracted and pulled back to around 0.197, but buy-side depth is significantly stronger than sell-side: order book shows 0.1970-0.1989 range buy orders reached 1.14 million, while 0.1990-0.2000 range sell orders only 0.38 million, buy-side depth is 3 times the sell-side, downside space is substantially locked down.
Funding data verifies bull dominance. Although buy/sell ratio fluctuates in 0.47-0.55 range, showing intense long-short competition, open interest (OI) remains stable at high level of 134 million USD, indicating new capital has not exited. Combined with -0.0576% negative funding rate, short positions continuously pay funding costs, accumulating fuel for short squeeze rally. Technical indicator RSI_1H at 72.68, in strong zone but not entered extreme overbought (>90), upside still has room.

🎯 Direction: Long

⚡ Entry: 0.1975 - 0.1990

🛑 Stop Loss: 0.1839

🚀 Target: 0.2151 / 0.2276

🛡 Strategy: Take profit half position when price touches 0.2151, move stop loss of remaining position up to entry price 0.1990, risk-free play for second target.

Logic: Current board core contradiction is the divergence between negative funding rate and strong price appreciation. Shorts still persist in holding positions and pay fees when price rises, belonging to "counter-trend stubborn resistance". Order book buy-side depth far exceeds sell-side, indicating main force capital has set solid defense lines at key levels (0.197-0.199), downside resistance is extreme. Rise is the direction of least resistance, any minor pullback will be accelerated by short covering. This is typical "funding cost short squeeze" model, shorts have become fuel for longs.
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