【$FET Signal】1H Bottoming Rebound, Negative Funding Rate Short Squeeze Play

$FET The 1H timeframe has formed a double bottom structure around 0.170, with the price already above the 1H EMA20 (0.1734). Short-term momentum is recovering. The 4H timeframe remains in a volatile downtrend channel, but the negative funding rate (-0.0358%) combined with stable open interest (OI Stable) presents a short-term rebound opportunity from a short squeeze. The order book shows unusually thick buy-side depth between 0.172-0.173, indicating strong support from major players and rejection of deep declines.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1735 - 0.1740 (Reason: 1H EMA20 support zone, confirming short-term bullish structure upon stabilization )

🛑Stop Loss: 0.1690 (Reason: Break below the 4H previous low of 0.1683 and double bottom structure )

🚀Target 1: 0.1780 (Reason: Resistance at the lower boundary of the previous 4H consolidation platform )

🚀Target 2: 0.1815 (Reason: 4H EMA20 and recent high resistance level )

🛡️Trade Management:

- Position Size: Light (Reason: 4H trend has not fully reversed, indicating a counter-trend rebound play )

- Execution Strategy: After reaching 0.1780 (Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1735. If the price strongly breaks through 0.1780, hold the remaining position and aim for 0.1815.

Depth Logic: The price declines but open interest remains stable, indicating it’s not major selling by the main players, more like passive long liquidation. Negative funding rates persist, meaning shorts pay costs. A rebound could trigger short covering and a squeeze. The 1H RSI (51.74) has exited the weak zone, buy-side depth imbalance reaches 14.77%, with dense support below. The key is whether the price can hold above 0.1740 and increase volume, which is the short-term bull-bear dividing line.

Trade here 👇 $FET

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