【$SKR Signal】Negative funding rate short squeeze, waiting for a pullback to go long

$SKR Funding rate -0.7166%, shorts continue to pay longs. 1H RSI 75.5 overbought, but 4H MACD volume bars are still expanding, Bollinger Bands 4H upper band at 0.0185 has been broken through by the candle body, current price at 0.0191 oscillates. Depth buy orders are 1.12, selling pressure is quickly absorbed. The profit/loss ratio for chasing longs is too poor, wait for a pullback to enter.
🎯Direction: Long (place order)
⚡Entry/Order: 0.017800 (limit order, within the range)
🛑Stop loss: 0.016019
🚀Target 1: 0.019123
🚀Target 2: 0.019199
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
Under such extreme negative funding rates, as long as the price doesn’t fall sharply, short covering will push for a new rally. 0.0178 near the EMA20 1H support zone, a retracement to enter offers a reasonable profit/loss ratio.
Check real-time market 👇 $SKR
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#WCTC交易赛瓜分800万USDT #加密市场行情震荡 #rsETH攻击事件后续进展