【$VANA Signal】Short squeeze long position + 1H level violent surge, main force defending the market under negative funding rate

$VANA The 1H level just completed an epic volume-driven rally, with a single candle rising over 16%, breaking all short-term moving averages and hitting a new intraday high. The 4H level a giant yang candle engulfed the previous 5 candles, shifting the trend from consolidation to strong momentum. Although the RSI on the 1H chart has entered overbought territory (87.73), under the background of a negative funding rate (-1.7442%) and stable open interest, this is very likely a short squeeze market, with momentum still intact.

🎯Direction: Long (Long)

🎯Entry/Order: 1.735 - 1.745 (Reason: Retracement to the 1H EMA20 support zone and previous breakout platform )

🛑Stop Loss: 1.680 (Reason: Break below the low of the volume surge candle at 1.677, indicating a failed breakout )

🚀Target 1: 1.850 (Reason: Previous high resistance and psychological level )

🚀Target 2: 1.950 (Reason: 1.618 Fibonacci extension based on the height of the rally segment )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Extremely high volatility, ATR reaches 0.0643, daily range exceeds 24% )

- Execution strategy: Use aggressive take profit. After reaching 1.850, reduce position by 70% to lock in profits, with the remaining position's stop loss moved up to the entry price of 1.745. If the price quickly surges above 1.90, consider exiting all positions.

Deep logic: Market logic indicates “price rising, combined with open interest analysis,” with current OI stable and a sharp price surge. This is not simply a short squeeze caused by short covering, but more like main capital actively pushing the market in a negative funding rate environment, forcing shorts to close. The order book depth shows sell orders accumulating in the 1.747-1.76 range (over 65,000 coins), which is the first resistance zone. Once broken, it will accelerate. Although the 1H RSI is high, it can remain elevated during a strong short squeeze. The core is to play the continuation of this momentum driven by the main force.

View real-time market 👇 $VANA

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