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$SNX Signal】Long! 1H breakout retest confirmed, negative funding rate short squeeze in progress
$SNX The 1H timeframe has completed a retest confirmation above EMA20 (0.409), and the current price is holding steady at 0.421. The 4H timeframe has broken above the previous consolidation range upper boundary (0.415), indicating a trend reversal to bullish. The negative funding rate is as high as -0.2352%, yet the price remains firm, open interest is stable, and there is potential for a short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 0.419 - 0.421 (Reason: 1H EMA20 support zone + previous