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$AZTEC Signal】Long position continuation with short squeeze, strong consolidation on 1H chart, looking for new highs
$AZTEC The 1H timeframe has experienced a massive rally and entered a strong sideways consolidation, with price tightly hugging above the EMA20(1H), refusing deep retracement. The 4H timeframe has confirmed a breakout of the previous consolidation zone, forming an upward continuation structure. With a negative funding rate as high as -0.56% and stable open interest, the short position holding costs are significant, indicating a strong expectation of a continued short squeeze.
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