$AXS Signal】Negative fee rate short squeeze opportunity, go long at 1.526


$AXS Funding rate -0.22%, short position holding costs are extremely high, short squeeze risk is accumulating. The 1H Bollinger middle band is at 1.3445, current price at 1.534 has broken through the 4H upper band at 1.4932, but the 1H MACD momentum is beginning to shrink, selling depth -5.07%. The current price is slightly above the suggested entry zone, place an order at 1.526 and wait for a pullback.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 1.526
🛑Stop loss: 1.160
🚀Target 1: 1.535
🚀Target 2: 1.542
🛡️Trade management: - Reduce position by 50% after reaching Target 1, move stop loss to break-even. If the price falls back to 1.526, exit proactively.
This trade's risk-reward ratio is not ideal, but the negative fee rate provides a potential safety cushion for longs, suitable for small positions to gamble on a short squeeze. If the price continues to stay below 1.526, abandon the trade.
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AXS44,59%
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