$ZKJ Signal】Pullback to add long + negative fee rate short squeeze


$ZKJ Funding rate -0.7038%, short positions have extremely high costs. 4H MACD bars are expanding positively but 1H MACD bars are starting to shrink, indicating local weakening of buying momentum. The current price of 0.03042 has already reached Target 1, with a very low short-term risk-reward ratio. The order book depth shows a buy/sell ratio of 0.72, with sell pressure slightly dominant.

🎯Direction: Long (place order and wait for pullback)

⚡Entry/Order: 0.01904

🛑Stop loss: 0.01741

🚀Target 1: 0.03040

🚀Target 2: 0.03052

🛡️Trade management:
- If the order at 0.01904 is filled and Target 1 is reached, halve the position and move the stop loss to break-even. If the price falls back to the entry level, automatically exit.

Extreme negative fee rates are usually a sign of a short squeeze. Short positions are easily forced to cover, but chasing longs at high levels carries risks that outweigh the rewards. Placing low-level buy orders aligns better with the current risk-reward considerations.

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Abrisuna
· 31m ago
HODL Tight 💪
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