$STO Signal】Negative funding rate diverges from buy orders, waiting for a pullback to go long


$STO Currently 0.106, funding rate -0.2761%, buy order depth has surged to 1.31, bulls and bears are in intense battle. 1H MACD histogram shrinks, RSI at 57, momentum waning, but the 4H Bollinger upper band at 0.1098 is resistance, the middle band at 0.0916 provides support. Intraday trading volume plummeted from 570 million to 40 million, indicating a drying up of follow-through. Bears are repeatedly suppressing with negative funding rates, but the order book in the 0.095-0.105 range is very thick, showing clear intent to absorb positions.
🎯Long position is favored, but the current price has a poor risk-reward ratio, wait for a pullback below 0.105 before acting. Currently watching at 0.106, place buy orders around 0.104, set stop-loss at 0.0945, exit if broken, no holding through. ⚡Target 1 at 0.106, Target 2 at 0.107, take profits in stages.
Negative funding rate persists but price does not accelerate downward, indicating bears are hesitant to chase, which could instead trigger short covering. Even if swept, losses are manageable, and the rebound potential is limited but with high certainty.
Check real-time market 👇 $STO
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#WCTC交易王PK #加密市场行情震荡 #rsETH攻击事件后续进展
STO16.81%
BTC-0.43%
ETH-0.37%
SOL0.24%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin