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$SNX Signal】Oversold Rebound Play: 1H Stabilization, Short Squeeze Opportunity Under Negative Funding Rates
$SNX The 1H timeframe is oscillating and stabilizing within the 0.285-0.294 range, with the price already above the 1H EMA20 (0.2940), indicating an initial sign of a trend reversal. Although the 4H timeframe remains in a downtrend, the latest candlestick closed bullish, and open interest remains stable. Under negative funding rates, the price has not made new lows, suggesting potential for a main force to defend the price or trigger a short squeeze. Currently, buy-side order depth sign