【$ZEC Signal】1H Breakout and Pullback Confirmation, Negative Fee Rate Betting on Short Squeeze Rebound

$ZEC The 1H timeframe, after experiencing an early rally, is currently in the pullback confirmation stage against EMA20 (240.11). The 4H cycle remains in a downward channel with a rebound, but the 1H momentum has already turned strong. The latest candlestick closed at 240.66, staying above the 1H EMA20, with bid-ask depth ratio at 1.16 indicating strong support below. The key point is: the funding rate is -0.0109% (negative), and the price has held firm after intraday gains, with stable open interest, suggesting a potential short squeeze betting opportunity.
🎯 Direction: Long (Long)
🎯 Entry/Order: 240.50 - 241.00 ( Enter near the current price or wait for a slight pullback )
🛑 Stop Loss: 238.70 ( Below the previous 1H low of 234.70 and current EMA20 for buffer )
🚀 Target 1: 245.00 ( Previous minor resistance on the 4H level )
🚀 Target 2: 248.50 - 250.00 ( Previous high on the 4H level and key psychological level )
🛡️ Trading Management:
- Position suggestion: Light position ( Reason: 4H trend has not fully reversed, belongs to contrarian betting, strict risk control needed )
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in partial profit, and move the remaining stop loss to the entry price (break-even). If the price cannot hold above 241 and falls back into the entry zone, consider actively exiting.
Depth logic: The intraday price increased by 3.33%, but open interest remains stable, indicating not just short covering. There may be new long funds tentatively entering. The 1H RSI (51.07) is in a healthy zone with room to rise. The order book depth imbalance of 7.52% favors buyers, and the latest 1-hour buy ratio (buy_sell_ratio) is 0.62, showing short-term buying pressure. Combined with the negative fee rate, if the price can hold above 241, it may trigger a short squeeze chain reaction. The risk is that the 4H EMA50 (251.27) still acts as strong resistance, limiting the rebound space, so quick in and out is advised.
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