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$EDEN Signal | Negative Funding Rate Short Squeeze + 1H Momentum Continuation
$EDEN RSI 1H 79.04, Bollinger Upper Band at 0.0551, price continues to probe higher. Funding rate turns negative at -0.01%, open interest remains stable, sell-side depth -11.34 but buy orders are still absorbing. 1H MACD histogram continues to expand, no obvious divergence.
🎯Direction: Long
⚡Entry/Order: 0.0550444 - 0.0552100
🛑Stop Loss: 0.0546579
🚀Target 1: 0.0560382
🚀Target 2: 0.0564522
🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect capital.
Depth Logic: Negative funding rate combined with firm price action is a good condition for a short squeeze. Although RSI on the 1H chart is high, momentum has not waned, and short-term breakout continuation is expected.
Check real-time market 👇 $EDEN
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