【$AXS Signal】1H breakout pullback confirmation, main force supports the market under negative fee rates, targeting short squeeze

$AXS The 1H timeframe is strongly consolidating above EMA20 (1.3266), just completing a test and pullback of the previous high at 1.352. The 4H timeframe is above EMA50 (1.3363), forming a short-term upward structure. Key signals: funding rate -0.18%, open interest stable, yet price is rising against the trend, a typical sign of a short squeeze, with clear main force support. The order book depth in the 1.336-1.33 range is unusually thick, providing strong support for the pullback.

🎯Direction: Long (Long)

🎯Entry/Order: 1.338 - 1.341 (Reason: Pullback to 1H EMA20 support zone and previous hourly candle body support )

🛑Stop Loss: 1.328 (Reason: Break below 4H EMA50 and dense buy support zone lower boundary )

🚀Target 1: 1.369 (Reason: Break previous high, test 4H level previous wave high )

🚀Target 2: 1.385 (Reason: 1.618 Fibonacci extension level, potential acceleration zone for short squeeze )

🛡️Trade Management:

- Position suggestion: Standard position (Reason: 1H/4H resonance upward, negative fee rate provides a safety margin )

- Execution strategy: After reaching 1.369, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 1.338. If the price strongly breaks through 1.369 and stabilizes, hold the remaining position towards 1.385.

Depth logic: OI remains stable while price rises, combined with negative fee rates, indicating shorts are paying high costs. A continued upward move may trigger a short squeeze. The 1H RSI (62.51) is healthy, not overbought, leaving room for further gains. The order book imbalance is 6.14% leaning towards sell orders, but buy orders below show active support. This is a classic “inverse fee rate rise” model with strong short-term explosive potential.

View real-time market 👇 $AXS

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