【$FET Signal】Long | 4H Volume Breakout + Negative Funding Rate Short Squeeze + Buy Order Accumulation

The 4-hour K-line completed a key breakout during the 12:00-16:00 session. Price rallied from 0.1906 to 0.2047, with trading volume surging to 105 million, marking the highest single candle volume in recent periods, confirming institutional capital entry. Open interest (OI) remained stable at a high of 134 million USD with no signs of profit-taking, validating the breakout's effectiveness.

Current price faces selling pressure at the 0.20 key round number level, but the order book shows significantly stronger buy-side depth than sell-side. The 0.198-0.199 range accumulated over 1.3 million buy orders, forming solid support, while upper-level sell orders (above 0.2001) are relatively sparse. Funding rate at -0.0441%, with short position costs running high.

1-hour RSI reached 74.85, 4-hour RSI reached 72.16, indicating short-term overbought conditions, but this is a typical feature following a strong breakout, not a reversal signal. Price has established above the 4-hour EMA20 (0.1804) and EMA50 (0.1684), with the intermediate trend structure turning bullish.

🎯 Direction: Long

⚡ Entry: 0.1985 - 0.1995 (Enter on pullback to dense buy order zone)

🛑 Stop Loss: 0.1968 (Break below previous 4-hour K-line low and lower edge of institutional buy zone)

🚀 Targets: 0.2080 / 0.2150

🛡 Strategy: Reduce 50% position at 0.2080, move remaining stop loss up to entry price, risk-free pursuit of second target.

Logic: The current setup is a classic "negative funding rate short squeeze" structure. Shorts have not unwound significantly post-breakout, continuously paying high funding fees, which becomes "fuel" for longs. Accumulated buy orders below lock in limited downside correction space. Institutions are using the psychological pressure of the round number (0.20) for wash trading; once buying power digests the sell orders at this level, with sparse resistance above, price will quickly move toward 0.208 (prior high extension) and 0.215 (measured move target). Upside is the path of least resistance.

View Live Chart 👇 $FET
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