【$AXS Signal】Oversold Rebound Play! 1H Level RSI Bottom Divergence, Short Squeeze Opportunity Under Negative Funding Rate

$AXS The 1H level is forming a micro platform near 1.28, with RSI(1H) showing bottom divergence signals, and the funding rate is deeply negative(-0.22%), indicating a short-term rebound opportunity from a short squeeze. Although the 4H level remains in a downtrend, momentum has weakened after consecutive declines, and technical correction at the 1H level is imminent.

🎯Direction: Long (Long)

🎯Entry/Order: 1.280 - 1.283 (Reason: Current price range, close to 1H EMA20 support and dense buy orders)

🛑Stop Loss: 1.265 (Reason: Break below recent 1H low and ATR(14) lower band)

🚀Target 1: 1.305 (Reason: Resistance from the previous small platform on the 4H level and EMA20 pressure)

🚀Target 2: 1.325 (Reason: Resistance from the 4H downtrend line and Fibonacci 0.382 retracement level)

🛡️Trade Management:

- Position Size Suggestion: Light position (Reason: The 4H trend is still bearish; this is a contrarian rebound play with higher risk)

- Execution Strategy: After the price reaches 1.305, move the stop loss up to the entry price of 1.283. For the remaining position, target 1.325. If the price stalls around 1.305, consider exiting all positions.

Depth Logic: Price declines but open interest(OI) remains stable, indicating no sustained selling by major players. The depth imbalance of -2.2% shows slight selling pressure, but buy orders below (in the 1.27-1.28 range) are substantial, forming a support cushion. The negative funding rate combined with price stabilization is a classic precondition for a short squeeze. Once buy orders ignite, short covering will accelerate the rebound.

View real-time quotes 👇 $AXS

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