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【$SKR Signal】Multiple callbacks, extremely negative funding rates awaiting short squeeze
$SKR 1H RSI skyrocketed to 82.6, clear buy-side gap, but the 4H Bollinger Band upper band at 0.0199 has been broken, funding rate at -0.66% is extremely negative, shorts are crowded.
🎯Direction: Wait and see (Place orders )
⚡Entry/Order: 0.0181 Place Buy Limit
🛑Stop loss: 0.016218
🚀Target 1: 0.020521
🚀Target 2: 0.020604
🛡️Trade management: After reaching Target 1, reduce position by 50%, move stop loss up to 0.0185. If price drops below 0.0175, exit and observe.
Depth logic: 1H MACD histogram shrinking but still above zero, OI stable with no selling pressure. This historically often triggers rapid upward movement with such extremely negative funding rates, making shorting very risky. Place orders to buy on pullback near EMA20, risk-reward ratio is reasonable.
Check real-time market 👇 $SKR
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