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【$EDEN Signal】Short squeeze game under heavy short positions, negative funding rate + deep V rebound
$EDEN Funding rate -0.52%, shorts clustered but price plummeted from 0.0708 to 0.0545, buy orders account for 51% during the session, selling pressure quickly absorbed. 1H Bollinger Bands narrowing, price consolidating around 0.0555 with tight range, 4H MACD histogram expanding but fast and slow lines at high levels with little movement. Current risk-reward ratio is very unfavorable, but negative funding rate suggests rebound momentum has not yet exhausted.
🎯Direction: Long (buy the dip)
⚡Entry/Order: 0.05533
🛑Stop loss: 0.04080
🚀Target 1: 0.05574
🚀Target 2: 0.05597
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect principal.
Depth logic: OI stable and funding rate deeply negative, shorts not fully covered. Once price stabilizes above 0.055, short covering may trigger. But 1H volume sharply declined after a surge at 17:00, buy-side momentum insufficient, rebound limited, targets close to current price, quick exit is key.
View real-time market 👇 $EDEN
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