【$BCH Signal】Pullback to Long! Strong 4H Support + Negative Funding Rate Short Squeeze Expectation

$BCH The 1H timeframe is currently oscillating and stabilizing around a critical support zone (475-480). The 4H has fallen to the lower end of the previous dense trading area, and short-term bearish momentum is weakening. Open interest remains stable while price declines, combined with negative funding rates, indicating potential for a short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: 478.0 - 480.5

🛑Stop Loss: 470.0 (below previous low and 4H structural support)

🚀Target 1: 495.0 (previous high on 1H and EMA20 resistance)

🚀Target 2: 505.0 (start point of 4H decline and key psychological level)

🛡️Trade Management:

- Position suggestion: Light position (Reason: 4H trend remains weak, this is a counter-trend rebound, higher risk)

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2. If price repeatedly oscillates in the entry zone for more than 4 1H candles without upward movement, actively exit.

Deep logic: The current price has already touched the strong 4H support level since January 30. Open interest is stable rather than decreasing, indicating not a large-scale capitulation by bulls, but more like bears adding pressure. Negative funding rate (-0.0082%) continues to be unfavorable for shorts. Once a volume-increasing bullish candle appears on the 1H, it could easily trigger a short squeeze. RSI on 14 is at 36.41, approaching oversold, leaving room for a rebound. Market depth is balanced, with no significant selling pressure.

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