【$DODO Signal】Negative funding rate squeeze short + 1H buy pressure support

$DODO The 4H MACD histogram widens, and the price is closely tracking the upper Bollinger Band at 0.0234. The 1H RSI falls to 62, the negative MACD bars narrow, and sell pressure is gradually weakening. The order book depth is -1.14%, but the funding rate is -1.1486%, meaning shorts are bearing extremely high costs. OI remains stable; the main players have not exited. Current price around 0.0229 has dense limit orders and decent buy-side replenishment. The short-term short exhaustion point has already appeared.
🎯 Direction: Go long
⚡ Entry/Limit orders: 0.02286221 - 0.02293100
🛑 Stop loss: 0.02270169
🚀 Target 1: 0.02327497
🚀 Target 2: 0.02344695
🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut positions by 50% and move the stop loss up to breakeven. If the price drops back to the entry level, exit automatically to protect principal.
With a negative funding rate keeping shorts under pressure, if they don’t cut, once the price stabilizes, the squeeze momentum will release quickly. Although the 1H energy candles are narrowing, the price refuses to deepen the pullback, indicating bottom-fishing funds are actively taking the bid. This risk-reward is worth betting on, limited to short-term scalping.
View real-time market 👇 $DODO
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