【$BILL Signal】1H convergence awaiting direction, funding rate hints at a short squeeze possibility

$BILL Buy and sell order depth ratio 1.07, funding rate 0.0377% slightly high, 1H MACD bullish bars continue to shorten.
The middle band of Bollinger Bands at 0.0824 forms short-term support, price has been oscillating narrowly between 0.085-0.089 for two hours.
The 4H upper shadow has not broken the upward structure, but buying pressure has slightly weakened compared to the previous day.
This oscillation at the end, combined with a positive funding rate, suggests that if bulls volume-breaks above 0.0892, it will trigger a short squeeze.
Below, the stop-loss at 0.0869 is only 1.5% away from the current price, and the risk-reward ratio is still acceptable.
🎯Direction: Long
⚡Entry/Order: 0.08763 - 0.08851
🛑Stop-loss: 0.08693
🚀Target 1: 0.09168
🚀Target 2: 0.09327
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop-loss to break-even.
If the price falls back into the entry zone, automatically exit to protect capital.
View real-time market 👇 $BILL
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