【$GRASS Signal】Long! 1H strong breakout, funding long squeeze in progress

$GRASS The 1H level just broke above the previous high with increased volume, creating a new intraday high of 0.2537, currently consolidating strongly. The 4H level has formed a bullish engulfing pattern, confirming a trend reversal. Key data: negative funding rate (-0.0095%) + stable open interest + firm price, this is a typical short squeeze structure, with bears being squeezed out.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2470 - 0.2490 (Reason: 1H EMA20 support zone & pullback confirmation after breakout)

🛑Stop loss: 0.2400 (Reason: Break below previous 1H candle low & 4H breakout candle midpoint)

🚀Target 1: 0.2650 (Reason: Previous wave high resistance & 1.272 Fibonacci extension level)

🚀Target 2: 0.2800 (Reason: Daily high area & 1.618 Fibonacci extension level)

🛡️Trade management:

- Position suggestion: Standard position (Reason: 4H/1H resonance breakout, high signal quality)

- Execution strategy: After price reaches 0.2650, reduce position by 50% to lock in profits, and move the remaining stop loss up to entry price 0.2480. If the price strongly breaks through 0.2650, hold the remaining position to target 2.

Deep logic: Order book shows buy depth far exceeding sell depth (depth imbalance 17.88%), with obvious large order support. 1H RSI (73.84) is high but not overbought, indicating strong momentum. Over the past 4 hours, volume and price have risen together, with buy/sell ratio >1, signaling active buying by main players. In a negative funding rate environment, prices are rising instead of falling, and short covering pressure will continue to push prices higher.

View real-time market 👇 $GRASS

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