【$ARPA Signal】Long - 1H pullback confirmation, negative funding rate short squeeze brewing

$ARPA The 1H timeframe is showing strong consolidation above EMA20, and the 4H timeframe has broken through the downtrend line, forming a V-shaped reversal pattern. The current price is consolidating around 0.01068, which is a healthy pullback from the previous 4H bullish candle. The negative funding rate is as high as -0.74%, with stable open interest, indicating potential for a short squeeze and clear signs of main force support.

🎯Direction: Long (Long)

🎯Entry/Order: 0.01060 - 0.01068 (Reason: Pullback to 1H EMA20 support and the dense area of the previous hour's low points)

🛑Stop Loss: 0.01035 (Reason: Break below the start of the 4H bullish breakout candle and key support, ATR-based stop loss)

🚀Target 1: 0.01102 (Reason: Previous high resistance, also the 1.382 Fibonacci extension level)

🚀Target 2: 0.01150 (Reason: The lower boundary of the previous daily oscillation platform, 1.618 extension level)

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Hot coin with high volatility, control risk)

- Execution strategy: After reaching 0.01102, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.01068. If the price strongly breaks through 0.01102 and stabilizes, hold the remaining position towards 0.01150.

Deep logic: The 4H chart shows the price has volume-broken through a downtrend channel lasting a week, with buy depth (bid_ask_ratio_depth=1.79) significantly better than sell, indicating strong support below. The 1H RSI(67) is in a strong zone but not overbought, leaving room for further upward movement. The key point is the -0.74% negative funding rate, combined with rising prices and stable open interest, suggests short covering pressure is building, which could easily trigger a short squeeze. There is a large accumulation of buy orders around 0.0106, forming a strong support.

Check real-time market 👇 $ARPA

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