【FET Signal】Long | Volume and Price Rise Together Breaking Key Resistance, Negative Funding Rate Short Squeeze Logic Established

4H timeframe shows a complete breakout structure. The key candlestick appeared on March 15 00:00-04:00, with price surging from 0.1786 to 0.1906, trading volume surged to 694 million, which is 3.3 times the previous cycle. This volume-expanding bullish candlestick broke above the upper boundary of the previous consolidation zone at 0.1794, constituting a structural breakout. Subsequently, price consolidated at high levels in the 0.1848-0.2004 range, with the latest 4H candlestick (16:00) closing firmly at 0.1991, confirming the breakout is valid.
1H timeframe shows healthy volume-price coordination. When attacking the 0.2047 high, hourly trading volume expanded to 47.87 million, with active buying pressure. The following three candlesticks retraced on declining volume to around 0.197, but buy-side depth is significantly stronger than sell-side: the order book shows buy orders in the 0.1970-0.1989 range totaling 1.14 million, while sell orders in the 0.1990-0.2000 range are only 380,000, with buy-side depth being 3 times the sell-side. Downside space is substantially locked.
Fund data validates bulls in control. Although the buy/sell ratio fluctuates in the 0.47-0.55 range, showing intense long-short competition, open interest (OI) remains stable at a high level of 134 million USD, indicating new capital has not exited. Combined with -0.0576% negative funding rate, short positions are continuously paying funding costs, accumulating fuel for a short squeeze. Technical indicator RSI_1H is at 72.68, in a strong zone but not into extreme overbought (>90), with room for further upside.

🎯 Direction: Long

⚡ Entry: 0.1975 - 0.1990

🛑 Stop Loss: 0.1839

🚀 Target: 0.2151 / 0.2276

🛡 Strategy: Take profit on half position at 0.2151, move stop loss on remaining position up to entry price 0.1990, risk-free trade toward second target.

Logic: The core contradiction in the current market is the divergence between negative funding rate and strong price appreciation. Shorts are still holding positions and paying fees while prices rise, which is "counter-trend holding to death". The buy-side depth in the order book far exceeds sell-side, indicating major capital has set up a solid defense line at key levels (0.197-0.199), making downside extremely difficult. Upside is the path of least resistance, and any minor pullback will accelerate due to short covering. This is a typical "funding cost short squeeze" model, where shorts have become fuel for longs.
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