Guys $1000XEC is setting up for a potential short squeeze here ⚡
Entry: 0.00717 - 0.00720
🎯 TP1: 0.00742
🎯 TP2: 0.00765
Open interest has spiked over 64% in the last 3 hours while funding rates remain negative, signaling short crowding. Price is holding above key moving averages with upward structure continuation.
A sustained move above 0.00742 resistance could trigger a squeeze higher.
Watching closely to see if shorts get pressed 👀
Entry: 0.00717 - 0.00720
🎯 TP1: 0.00742
🎯 TP2: 0.00765
Open interest has spiked over 64% in the last 3 hours while funding rates remain negative, signaling short crowding. Price is holding above key moving averages with upward structure continuation.
A sustained move above 0.00742 resistance could trigger a squeeze higher.
Watching closely to see if shorts get pressed 👀