【$ZKJ Signal】Funding rate extremely negative, expecting a rebound under short squeeze anticipation, going long

$ZKJ RSI 1H 83.5, Bollinger upper band 0.0231 broken through, funding rate -0.86% hits a new low. Buy order depth 1.58%, active buy orders are still present, but selling pressure appears after volume increases at high levels.

🎯Direction: Long (pullback on pending orders)

⚡Entry/Order: Between 0.01573 - 0.02326, preferably place orders near 0.01573

🛑Stop loss: 0.01561

🚀Target 1: 0.01598

🚀Target 2: 0.01611

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss up to 0.01573 to break even. If price falls back to entry level, automatically exit.

Depth logic: OI stable but funding rate deeply negative, short positions have very high costs, once price stabilizes, a short squeeze can be triggered easily. However, current price is far from EMA20 1H, chasing longs offers poor risk-reward, waiting for a pullback to place orders aligns better with risk control.

Check real-time market 👇 $ZKJ
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