$STORJ Signal】Pullback Entry + Negative Fee Rate Support


$STORJ 1H RSI dropped from 79 to 72, 4H Bollinger Band upper band at 0.1298 has been broken, current price at 0.1346 is stuck in a narrow range between 0.1339-0.1366. 4H MACD bars are still expanding, but 1H MACD bars are continuously shrinking, indicating short-term momentum decay. Funding rate is -0.309%, short positions have high holding costs, and there is no sign of exhaustion in buying support below.
🎯Direction: Long (Pending order pullback)
⚡Entry/Order: 0.1198 (1H EMA20 level, within the suggested range of 0.1080-0.1339)
🛑Stop loss: 0.1017 (Risk control stop-loss level)
🚀Target 1: 0.1347
🚀Target 2: 0.1352
🛡️Trade management:
- Execution strategy: Place a pending order at 0.1198 for a pullback entry, if volume increases and price drops below 0.1170, exit early. When reaching 0.1347, reduce position by 50%, move stop loss up to 0.1250; if the price fails to retest 0.1198 and breaks through directly, abandon this plan.
Current risk-reward ratio is about 1:0.8, which is not ideal, but the negative fee environment provides natural protection for longs, and short covering pressure may push the price higher again.
Check real-time market 👇 $STORJ
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