$ZKP Signal】Callback pullback with multiple entries + short squeeze observation under negative funding rate


$ZKP RSI 1h surged to 81.89, the upper band of Bollinger Bands at 0.1018 was pierced by a solid bullish candle.
4H MACD shows continuous increasing red bars, bullish momentum not exhausted, but a top formation is emerging on the 15-minute level.
Funding rate is -0.1175%, short positions have a relatively high cost, if the price pulls back without breaking the key support zone, buying pressure below will quickly absorb the selling.
Currently, the risk-reward ratio is more reasonable after a pullback to 0.089-0.091, chasing at the current price offers poor value.
🎯Direction: Long (pending order pullback)
⚡Entry/Pending order: Wait for a pullback to 0.0900 - 0.0920 to place a long order
🛑Stop loss: 0.0792
🚀Target 1: 0.0962
🚀Target 2: 0.1019
🛡️Trade management: - After reaching Target 1, reduce position by 50%, move stop loss to entry price; if the price falls back to the entry point, close all positions.
Order book logic: Buy order depth is 2.88% higher than sell order depth, order book support is clear.
1H MACD bars are expanding but the slope is slowing, caution is needed for emotional correction after overbought conditions.
In a negative funding rate environment, if the price rejects deep correction, it may trigger a short squeeze, at which point additional long positions can be considered.
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ZKP23.98%
BTC-0.98%
ETH-0.32%
SOL-1%
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