$BIO Signal】Waiting for a pullback to go long, funding rate negative support


$BIO Funding rate -0.0525%, 1H MACD histogram -0.0002 and continues to expand, 4H MACD positive bars start to narrow.
Buy depth ratio is 1.04, but 1H trading volume suddenly dropped from 300 million to 85 million, momentum weakening.
Current price 0.03436 is above the 1H Bollinger middle band, with the 4H upper band at 0.0354 acting as resistance.
🎯Direction: Long (limit order)
⚡Entry/Order: 0.03419
🛑Stop loss: 0.03015
🚀Target 1: 0.03437
🚀Target 2: 0.03450
🛡️Trade management: - Execute strategy: reduce 50% after reaching Target 1, and move stop loss to break-even.
If price falls back into the entry zone, automatically exit to protect capital.
Depth logic: Negative funding rate combined with stable open interest, potential for short squeeze remains, but 1H MACD bearish divergence indicates short-term selling pressure has not been released.
Orders are placed near the upper limit of the suggested range, aiming for a short-term rebound to the previous high.
Risk-reward ratio is very low, suitable only for small positions with strict stop-loss.
View real-time market 👇 $BIO
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BIO17.05%
BTC0.39%
ETH1.73%
SOL0.92%
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