$API3 Signal】Negative funding rate short squeeze opportunity, pullback to add longs


$API3 Funding rate -0.695%, short positions piled up. 1H Bollinger bands tightening, price retraced to the middle band at 0.3620 then rebounded, currently at 0.3904, buy-side support clearly intended. 4H MACD histogram still expanding, bullish trend intact. Deep imbalance of -5.67% indicates selling pressure, but under negative funding rate, shorts are easily squeezed, short-term upward correction needed.
🎯Direction: Long (buy on pullback)
⚡Entry: 0.3884 (suggested upper limit for orders)
🛑Stop loss: 0.3400
🚀Target 1: 0.3903
🚀Target 2: 0.3919
🛡️Trade management: - Reduce 50% at Target 1, move stop loss to entry price. If price quickly rises after retracing to 0.3884, hold until Target 2. Risk-reward ratio is poor, suitable only for very small positions to play the short squeeze inertia.
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API315.6%
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