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【$NOT Signal】Pullback with multiple entries / Negative funding rate short squeeze opportunity
$NOT RSI skyrocketed to 79.35, 1H funding rate at -0.0843%, extremely crowded short positions.
After a volume surge on the 4H chart, it pulled back and moved sideways with decreasing volume, indicating waning buying enthusiasm.
Sell depth at -8.70% shows increasing selling pressure. The 1H MACD histogram continues to shrink, momentum weakening.
However, the negative funding rate environment may force shorts to cover, and the firm price suggests orderly support below.
The risk-reward ratio is poor, but the short squeeze logic under negative funding rates is worth a gamble.
🎯Direction: Long (Place order)
⚡Entry/Order: 0.0005032 (Suggested upper range)
🛑Stop loss: 0.0003976
🚀Target 1: 0.0005058
🚀Target 2: 0.0005078
🛡️Trade management: - Execute strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
If price falls back into the entry zone, automatically exit to protect capital.
Order book logic: OI stable, negative funding rate continues to attract shorts, short-term pulse probability increases.
But sell depth suppression means quick exit is needed after a rally.
View real-time market 👇 $NOT
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