$GPS đ BIAS: LONG
Why Iâm Taking This Trade
Negative funding for five consecutive periods. Shorts are paying to stay short while price refuses to make a lower low. Thatâs not weakness â itâs accumulation.
đ§ Higher Timeframe Context (4H)
4H structure is still bearish â Iâm not calling a bottom. But momentum divergence is clear: price made a fresh low at 0.009814, yet RSI printed a higher low. MACD histogram is curling up from deeply negative values. This is the first sign of absorption after a 40% drop.
âł Lower Timeframe Execution (15m/1H)
Supertrend still overhead (0.01006), but price is compressing just beneath it. Volume has collapsed from 783M â 4.6M â sellers are exhausted. StochRSI just lifted off 0.00. The moment price clears 0.01006, trapped shorts will cover into my longs.
đ„ Entry Zone: 0.00992 â 0.00994
I donât chase. I wait for a retest of the breakout level or a shallow pullback into the bid cluster (32k at 0.0099). Patience.
đ Stop Loss: 0.00978
Below yesterdayâs low and the 24h sweep low (0.009814). If price reclaims that liquidity and fails, my thesis is invalid. Clean, logical invalidation.
đŻ Take Profit Levels
TP1: 0.01010 (immediate ask wall + Supertrend magnet)
TP2: 0.01060 (prior support turned resistance)
TP3: 0.01120 (200 EMA on 1H / psychological round)
đ R:R: 1 : 3.1 (based on 0.00993 entry, 0.00978 stop, TP2)
â ïž Invalidation
4H candle closes below 0.00975. That traps me. Until then, this is a highâprobability squeeze setup.
đŁ Psychology
Retail sees -16% and shorts the breakdown. Theyâre now paying funding, pinned below value, staring at a 24h low that wonât break. Smart money sees negative funding + volume drought + bullish divergence and loads the bounce. The moment price lifts, those shorts cover into my entries.
This isnât hope. This is structural edge. đ„