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【$COS Signal】Short squeeze setup: Negative funding rate + 1H strong breakout
$COS Funding rate -1.505%, 1H MACD bullish histogram continues to expand, price surges near the upper Bollinger Band at 0.0020.
Buyers have controlled the market for three consecutive hours, and sell orders are quickly absorbed. RSI 71.76 but no divergence between volume and price, momentum is still accelerating.
🎯Direction: Long
⚡Entry/Order: 0.001983 - 0.002003
🛑Stop loss: 0.001967
🚀Target 1: 0.002075
🚀Target 2: 0.002111
🛡️Trade management:
- Execution strategy: Reduce 50% after reaching Target 1, move stop loss to entry level.
If the price falls back below 0.001983, exit proactively.
The combination of negative funding rate and firm price often signals a short squeeze acceleration phase on Hot Coin, but the current risk-reward ratio is 2:1, making it manageable.
Check real-time market 👇 $COS
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