【$VVV Signal】Long + 1H level short squeeze, strong breakout under negative funding rate

$VVV The 1H level entered a high-level consolidation after a massive rally, with the price holding steady around 2.93. The 4H level saw a huge bullish breakout through all previous resistance, forming a V-shaped reversal pattern. The key point is: the negative funding rate is as high as -0.368%, but the price is not falling; instead, it’s rising, and open interest remains stable. This is a typical short squeeze signal, indicating that shorts are being forced to cover. Although the 1H RSI is high (85.71), in a short squeeze environment, overbought conditions can persist.

🎯Direction: Long (Long)

🎯Entry/Order: 2.915 - 2.925 (Reason: Dense order zone, enter with the trend )

🛑Stop loss: 2.850 (Reason: Break below the 1H rally start point and EMA20 support, invalidating the short squeeze logic )

🚀Target 1: 3.100 (Reason: Previous high resistance level, also a psychological round number )

🚀Target 2: 3.300 (Reason: Extended target based on ATR calculation )

🛡️Trading management:

- Position suggestion: Light position (Reason: Single-day increase has exceeded 60%, with high volatility; prioritize risk management )

- Execution strategy: When the price reaches around 2.98, move the stop loss up to the entry price. After reaching Target 1, reduce position by 50%, and move the remaining stop loss up to 2.98 to aim for Target 2.

Deep logic: Market logic indicates “price rising combined with open interest analysis.” Currently, OI is stable, and the price is strong, ruling out simple pump-and-dump scenarios. It’s more likely that major players are entering or shorts are being squeezed. The order book depth shows buy orders are significantly thicker than sell orders (depth imbalance of 21.9%), with strong support below. The 1H EMA20 (2.4258) has moved far away, forming a dynamic support. This is a typical capital-driven market, following the trend but with tight stop-losses.

Trade here 👇 $VVV

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