【$ROBO Signal】Long - 1H pullback confirmation, negative funding rate short squeeze play

$ROBO The 1H timeframe has experienced a massive rally and is now undergoing a healthy pullback consolidation, with the price finding initial support around 0.0425. The 4H trend remains upward, with candles holding above previous highs, indicating the bullish structure is intact. Currently, the negative funding rate is as high as -0.1497%, indicating potential momentum for a short squeeze.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0423 - 0.0425 (Near current price)

🛑Stop loss: 0.0410

🚀Target 1: 0.0460

🚀Target 2: 0.0488

🛡️Trade management:

- Position size recommendation: Light position

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position to aim for Target 2. If the price pulls back and breaks below the moving stop loss, exit all positions.

Order book logic: Depth shows sell orders accumulating around 0.0425-0.0426 (about 80,000 USDT). Once broken, the upward move will accelerate. The 1H RSI is at 60.23, in a healthy bullish zone, with room for further upward movement. Despite the short-term sell pressure indicated by a depth imbalance of -5.76%, combined with an extremely high negative funding rate, short positions face significant cost pressure. Any upward price movement could trigger a wave of short covering, rapidly pushing the price higher. The current price is at the lower boundary of the 1H consolidation zone, making it a favorable risk-reward entry point.

View real-time market 👇 $ROBO

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