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$AXS Signal】Long - 1H breakout above EMA20, negative funding rate short squeeze play
$AXS The 1H timeframe has stabilized above EMA20 (1.2827) and formed a short-term upward structure. Although the 4H timeframe is still in a consolidation zone, the 1H momentum has already turned strong, and the negative funding rate (-0.3195%) hints at a potential short squeeze. The current price is consolidating around 1.284, and a direction will soon be chosen.
🎯Direction: Long (Long)
🎯Entry/Order: 1.283 - 1.285 (Reason: 1H EMA20 support zone, concentrated buy orders on the order book )
🛑Stop Loss: 1.265