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【$AIOT Signal】Follow callback access, high funding rates indicate crowded longs
$AIOT 4H Bollinger upper band at 0.1345 was pierced and quickly fell back, 1H long upper shadow at 0.14668, selling pressure concentrated and released. Current price is 0.11924, below the 1H Bollinger middle band at 0.1124, still some distance, but the suggested entry zone upper boundary at 0.11864 has been broken. Funding rate at 0.1003% is high, long positions have high costs, if it cannot rise quickly, risk of a squeeze increases.
🎯Direction: Long (pullback pending order)
⚡Entry/Order: 0.10140 - 0.11864 (buy low within the suggested range, do not chase at current price)
🛑Stop loss: 0.08199
🚀Target 1: 0.14023
🚀Target 2: 0.15965
🛡️Trade management: - After executing within the order zone, upon reaching Target 1, reduce position by 50%, move stop loss to entry price. If volume breaks above 0.11864 again, it can be seen as a strong signal to add positions.
4H MACD histogram narrows in negative territory, bullish momentum is recovering but not confirmed. 1H RSI at 53.92 is neutral leaning strong, depth data buy ratio at 2.10 indicates strong willingness to support around 0.10. Current risk-reward ratio is about 1:1.5, suitable for placing orders and waiting.
Check real-time market 👇 $AIOT
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