$ESP Trade Idea: The Funding Squeeze – Shorts Are Trapped and Paying 📈🔥

I've been watching this structure form since the dump to 0.058. What I'm seeing now is a coiled spring—shorts have been piling in, and they're about to get squeezed hard.

The Higher Timeframe Context ⚠️

On the 4H, we took a massive liquidation from 0.089 down to 0.058. That's a 35% drop in days. But here's the key: funding has been insanely negative throughout. Look at the history: -0.257%, -0.212%, -0.142%. Shorts have been paying heavy fees to hold near the lows. This is unsustainable. When funding gets this extreme, the market always snaps back to liquidate them.

The Lower Timeframe Execution 💣

On the 15m, we've been basing between 0.074-0.076 for hours. The structure is tightening:

· Volume collapsed from 2.7B to 2.8M—sellers are exhausted

· Price held above the recent low at 0.074

· STOCHRSI just bounced from 8 to 74—momentum is building

· We're sitting right on the EMA(9) and EMA(15) confluence

But the real story is in the order book:

· Massive ask wall at 0.076: 396k USDT waiting

· Thick bid support below: 418k at 0.074, 250k at 0.073

· That ask wall? It's not resistance—it's fuel. When it breaks, all those trapped shorts covering will eat through it.

Market Psychology 🧠

Retail sees -4% and thinks "short more." They look at the red and assume continuation. They don't realize that they're paying funding to hold losing positions near the bottom. These shorts are trapped: underwater on price AND bleeding fees. When price breaks above 0.076, they'll panic cover into thin air.

The Trade Plan (Long) 📈

· Entry Zone: 0.0752 – 0.0760 USDT

· Break of the ask wall with volume confirmation

· Stop Loss: 0.0735 USDT

· Below the recent support—clean invalidation

· Take Profit Levels:

· TP1: 0.0790 (first resistance / trapped shorts cover)

· TP2: 0.0830 (above the consolidation range)

· Risk-to-Reward: 1:3.5 on first target

.