$STEEM Signal】Pullback to go long + Negative fee rate short squeeze opportunity


$STEEM Funding rate -0.94%, short positions have extremely high holding costs. The 1H MACD histogram is shrinking but still above zero, the 4H Bollinger Band upper band at 0.0636 has been broken, currently the price is 0.0647 tightly hugging outside the Bollinger upper band.
Order book buy depth ratio is 7.46%, Bid/Ask ratio is 1.16, buy orders below still exist.
RSI 1H 74.6, 4H 80.94, short-term overbought but no divergence pattern formed, the risk of short squeeze is greater than the pullback range.
Current risk-reward ratio is relatively low, but high-probability attempts under the short squeeze logic are acceptable.

🎯Direction: Long (pullback orders)

⚡Entry/Order: 0.06070 (near EMA20_1h, recommended entry zone midpoint)

🛑Stop loss: 0.05731

🚀Target 1: 0.06468

🚀Target 2: 0.06493

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
- If the price falls back to the entry level, automatically exit to protect principal.

Depth logic: 4H MACD bullish momentum is still expanding, but 1H volume is shrinking, waiting for a pullback to confirm support.
Negative fee rate combined with stable open interest, once the stop loss is hit, the upward movement will accelerate.
Note that the target space is only about 2.5%, quick in and out, no emotional battles.

Check real-time market 👇 $STEEM
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