【$AXS Signal】1H Oversold Rebound Play + Negative Funding Rate Short Squeeze Opportunity

$AXS The 1H timeframe has entered oversold territory, with the price forming a short-term support level between 1.206-1.208. The 4H timeframe is still in a downtrend, but the 1H RSI shows signs of bullish divergence, and the funding rate is negative, indicating a potential short-term rebound or short squeeze opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 1.207 - 1.210 (Reason: Current support zone + 1H candlestick stabilization platform )

🛑Stop Loss: 1.195 (Reason: Break below recent strong support level + ATR lower band )

🚀Target 1: 1.235 (Reason: 1H EMA20 resistance + previous rebound high )

🚀Target 2: 1.255 (Reason: 4H downtrend continuation support level )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: 4H trend remains bearish, this is a counter-trend rebound play )

- Execution strategy: Once the price stabilizes above 1.220, move the stop loss up to the entry price of 1.210. After reaching Target 1, reduce position by 50%, and trail the remaining position to protect profits towards Target 2.

Deep Logic: The current price is declining but open interest (OI) remains stable, indicating it’s not a major liquidation-driven decline. The funding rate is -0.0896%, which is negative, meaning shorts need to pay fees. If the price stabilizes here, it could trigger short covering and a squeeze. The 1H RSI has fallen to 32.57, approaching oversold levels. The order book shows heavy buy orders accumulated in the 1.20-1.19 range, forming a deep support zone. This is a classic “oversold + negative funding rate” rebound scenario.

View real-time market 👇 $AXS

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包