【#Gate2月透明度报告 Signal】Buy on Dip! 1H level retracement shows strong support, main force actively defending the price with negative funding rate indicating clear signs of short covering.

The 1H level is oscillating narrowly around EMA20, with the price retracing to a key support zone. Although the 4H level is in a downtrend channel, open interest remains stable, and the funding rate is negative, implying shorts need to pay fees and there is a potential short squeeze risk. The current price has entered an ideal accumulation zone.

🎯 Direction: Long

⚡ Entry/Order: 0.307 - 0.308

🛑 Stop Loss: 0.297

🚀 Target 1: 0.352

🚀 Target 2: 0.374

🛡️ Trading Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price retraces to breakeven, exit all positions.

Depth Logic: Market depth data shows that buy orders below are significantly thicker than sell orders, especially in the 0.30-0.307 range, where a large number of buy orders form a strong support. The 1-hour RSI is in a neutral to weak position, leaving room for a rebound. Although the price has dipped in the short term, open interest has not decreased significantly, indicating it’s unlikely to be a large-scale dump by major players, more like a long leverage wipeout. Coupled with the negative funding rate, once the price stabilizes and rebounds, short covering will accelerate the upward movement.

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