【$SAPIEN Signal】Long + 1H volume breakout, negative funding rate short squeeze in progress

$SAPIEN The 1H level just broke above the previous high of 0.0978 with increased volume, creating a new intraday high, showing strong momentum. The 4H level has formed three consecutive bullish candles, breaking above the EMA20 and stabilizing, indicating a shift to a bullish trend. Currently, the negative funding rate is -0.09% with stable OI, suggesting short squeeze potential, a typical short-term sniper opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1015 - 0.1020 (Reason: Currently in a strong zone, retesting the 1H EMA20 support above 0.0930)

🛑Stop Loss: 0.0950 (Reason: Break below the previous 1H consolidation platform low and ATR lower band)

🚀Target 1: 0.1080 (Reason: Previous wave high resistance and 1.272 Fibonacci extension)

🚀Target 2: 0.1150 (Reason: Daily chart previous high resistance area)

🛡️Trade Management:

- Position size suggestion: Light (Reason: Intraday gain has exceeded 17%, volatility is extremely high, strict risk control needed)

- Execution strategy: Reduce position by 50% after reaching 0.1080, and move stop loss up to entry price 0.1015. Hold remaining position for higher targets; if price falls back to entry level, exit all.

Deep logic: 1H RSI reaches 72.87, indicating overbought but not exhausted, can continue in strong trend. Market depth shows large buy orders around 0.1015 (75K+), providing immediate support. 4-hour volume significantly increased during breakout, buy activity active. Negative funding rate combined with rising prices indicates shorts are being squeezed, fueling short-term bulls.

View real-time quotes 👇 $SAPIEN

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