$M Signal] 1H MACD death cross, funding rate is high, wait for a pullback to go long

$M RSI 1H 59.57, MACD histogram turns negative, 4H MACD bullish momentum is shrinking. Funding rate at 0.0195% is high, bullish and bearish battles intensify. There is heavy buying around 3.44, but clear selling pressure above 3.64.
🎯Direction: Long (place order on pullback)
⚡Entry/Order: 3.4588
🛑Stop Loss: 3.1383
🚀Target 1: 3.4746
🚀Target 2: 3.4885
🛡️Trade Management: - Execute strategy: after reaching Target 1, reduce position by 50%, move stop loss to entry point. If price falls below 3.4588, actively exit.
Current risk-reward ratio is less than 0.1, suitable only for extreme scalping, be sure to strictly control position size. Deep logic: 1H Bollinger Bands are narrowing, waiting for price to retest the middle band around 3.44 to release selling pressure, limited rebound space before MACD bullish divergence forms.
View real-time market 👇 $M
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#WCTC交易王PK #比特币站稳8万关口 #加密市场回升