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【$DEGO Signal】1H volume breakout and short squeeze, negative funding rate persists
$DEGO 1H massive rally breaks previous high, active buying with buy/sell ratio consistently >0.5, indicating genuine capital inflow. The price remains strongly sideways under a -0.2% negative funding rate, with short positions facing significant cost pressure, forming a typical short squeeze structure. Stable open interest shows longs have not exited, while a -36% depth imbalance indicates heavy selling pressure above, yet the price remains firm, and the short squeeze momentum persists.
🎯 Direction: Long
⚡ Entry: 1.0980 - 1.1030
🛑 Stop Loss: 1.0870
🚀 Targets: 1.1350 / 1.1650
🛡️ Strategy: At the first target, halve the position; move the remaining to breakeven; aim to extend the short squeeze.
View real-time chart 👇 $DEGO
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