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$SNX Signal】Long! 1H pullback confirmation, negative funding rate imminent for a short squeeze
$SNX The 1H timeframe experienced a volume surge and rally yesterday, currently in a healthy pullback phase, with price consolidating just above the 1H EMA20 (0.3738). The 4H timeframe has broken through the downtrend line, with EMA20 (0.3439) crossing above EMA50 (0.3204), indicating a mid-term trend reversal. Key signals: funding rate as high as -0.1667%, open interest stable, typical of a short squeeze setup. Once the price moves, shorts will be forced to cover, pushing the price higher.
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