【$VVV Signal】Long! 1H strong breakout from consolidation, negative funding rate short squeeze brewing

$VVV On the 1H timeframe, after completing a strong consolidation in the 2.60-2.65 range, the price broke out with volume above the previous high of 2.856, creating a new intraday high. The 4H level has already stabilized above the EMA20 (2.249), forming a V-shaped reversal pattern. The key point is: funding rate at -0.17%, yet the price continues to rise steadily, and open interest remains stable. This is a classic short squeeze signal, indicating shorts are being squeezed.

🎯Direction: Long (Long)

🎯Entry/Order: 2.840 - 2.850 (Reason: Pullback confirmation zone after breaking previous high of 2.856, dynamic support at 1H EMA20 )

🛑Stop Loss: 2.720 (Reason: Break below the 1H consolidation low and EMA50 support, ATR-based stop loss )

🚀Target 1: 3.000 (Reason: Previous 4H high and psychological round number )

🚀Target 2: 3.200 (Reason: Previous high resistance level and 1.618 Fibonacci extension level )

🛡Trade Management:

- Position size suggestion: Standard position (Reason: 1H/4H resonance upward, clear short squeeze logic with negative funding rate, favorable risk-reward )

- Execution strategy: When price reaches around 2.95 (before Target 1), reduce position by 30%, move stop loss to entry price. Remaining position aims for Target 2; if upward momentum weakens (e.g., long upper shadow on 1H), take full profit.

Deep logic: Market depth shows strong buy-side support, bid_ask_ratio_depth is 1.06, buy side slightly favored. 1H RSI is 65.21, not overbought, still room to rise. 4H RSI is as high as 72.35, indicating strong medium-term momentum but caution for short-term overheating. The core driver is the short squeeze under negative funding rates. As long as the price does not break key support, short covering will continue to push prices higher. Stable open interest suggests this is not just profit-taking by longs but also new long positions or passive short covering supporting the price.

Trade here 👇 $VVV

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