$ORCA Signal】Pullback to add longs | Negative fee rate expected to squeeze shorts


Funding rate -0.3858%, short positions' cost continues to accumulate. 1H MACD histogram narrows, upward momentum temporarily stalls, but the middle band of Bollinger Bands at 1.5278 provides short-term support. The 4H bullish trend remains intact, and the pullback offers a clear risk-reward for adding longs.
🎯Direction: Long (Pending order)
⚡Entry/Order: 1.550
🛑Stop loss: 1.195
🚀Target 1: 1.788
🚀Target 2: 1.986
🛡️Trade management: - Wait for the pending order; if the price quickly drops below 1.480 after execution, consider exiting early. Reduce 50% of position at Target 1, move stop loss to entry price.
Order book depth shows buy orders are relatively thick, but recent sell pressure has been slightly stronger. Patience and waiting for a pullback before entering again is more prudent. Negative fee rate combined with stable open interest (OI); once bulls counterattack, short covering will push the price higher.
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