【$ORCA Signal】1H Strong Breakout, Negative Funding Rate Short Squeeze Initiated

$ORCA The 1H timeframe has just broken above the EMA20 with increased volume and reached a new high, showing strong momentum. The 4H timeframe has stabilized above all moving averages, forming an upward trend. The current negative funding rate is as high as -0.4%, open interest remains stable, yet the price continues to rise. A typical short squeeze structure is forming, with clear signs of main force support.

🎯Direction: Long (Long)

🎯Entry/Order: 1.345 - 1.350 (Reason: Currently in a strong zone, dynamic support from 1H EMA20)

🛑Stop Loss: 1.320 (Reason: Falling below the previous 1H low and EMA50 support, also at twice the ATR stop-loss level)

🚀Target 1: 1.400 (Reason: Resistance at the previous high on the 4H timeframe)

🚀Target 2: 1.450 (Reason: 1.618 Fibonacci extension level)

🛡Trade Management:

- Position suggestion: Standard position (Reason: Multi-timeframe resonance, clear short squeeze logic)

- Execution strategy: After the price reaches 1.400, reduce position by 50% and lock in profits, then move the stop loss of the remaining position up to the entry price of 1.350. If the price strongly breaks through 1.400 and stabilizes, target the remaining position at 1.450.

Deep logic: After a 16% increase, open interest remains stable rather than decreasing, indicating this is not just a pump and dump but supported by new funds. The 1H RSI is at 61.86, not in overbought territory, leaving room for further upside. Market depth shows buy orders (Bids) are significantly thicker than sell orders (Asks), with an imbalance rate of 9.91%, and strong support below. Coupled with the negative funding rate, short positions have very high costs, and any pullback could trigger short covering, further pushing up the price.

View real-time market 👇 $ORCA

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