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$IOTA Signal】Pullback to go long! 1H oversold rebound trading, short squeeze opportunity under negative funding rates
$IOTA The 1H timeframe just experienced a sharp decline, RSI dropped to 32.29 into oversold territory, and the current price around 0.0659 shows signs of stabilization. Although the 4H timeframe is still in a downtrend, the latest 4H candle closed with a long lower shadow, and open interest (OI) remains stable, not decreasing significantly despite the price drop. Coupled with negative funding rates, there is a potential for a short squeeze. This is a typical oversold rebound t